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Home My WebLink About20210601Affiliated Interest Report 2020.pdfV°¾NIOUNTAfN A DIVISION OF PACtFICORP 1407 West North Temple,Suite 330 Salt Lake City,Utah 84116 June 1,2021 VIA ELECTRONIC DELIVERY Jan Noriyuki Commission Secretary Idaho Public Utilities Commission 11331 W.Chinden Blvd. Building 8 Suite 201A Boise,ID 83714 RE:CASE NO.PAC-E-05-08 AFFILIATED INTEREST REPORT FOR CALENDAR YEAR 2020 Dear Ms.Noriyuki: In accordance with Berkshire Hathaway Energy Holdings Company's Transaction Commitment #8 approved in Case No.PAC-E-05-08,attached for electronic filing is PacifiCorp's (d.b.a. Rocky Mountain Power)calendar year 2020 Affiliated Interest report. By copy of this letter other parties are being provided notice of this filing. Informal inquiries regarding this filing,or requests for copies of the report,can be directed to Ted Weston at (801)220-2963. Sincerely, Joel eS ward Vice President,Regu ation Enclosures cc w/o enclosure:Service List in Case No.PAC-E-05-08 I hereby certify that on June 1,2021,I caused to be served via E-mail,if address available,or U.S.mail a true and correct copy of PacifiCorp's cover letter accompanying the Compliance Filing,Affiliated Interest Report for Calendar Year 2018 (Commitment #8)in Case No.PAC-E-05-08. Douglas L.Anderson R.Scott Pasley EVP,General Counsel &Corporate Sec Assistant General Counsel Berkshire Hathaway Energy J.R.Simplot Company l l11 S.103rd Street P.O.Box 27 Omaha,NE 68124 Boise,ID 83702 danderson midamerican.com spasley@simplot.com Eric L.Olsen James R.Smith Racine,Olson,Nye,Budge &Bailey,Chartered Monsanto Company 201 E.Center Highway34 North P.O.Box 1391 P.O.Box 816 Pocatello,ID 83204-1391 Soda Springs,ID 83726 elo racinelaw.net jim.r.smith@monsanto.com Lisa Nordstrom DavidHawk Gregory Said Director,Energy Natural Resources Idaho Power Company J.R.Simplot Company P.O.Box 70 P.O.Box 27 Boise,ID 83707 Boise,ID 83702 Inordstrom@idahopower.com;esaid@idahopower.com dhawk@simplot.com Brad M.Purdy Katie Iverson Attorney at Law Brubaker &Associates 2019 N.17th Street 17244 W.Cordova Court Boise,ID 83702 Surprise,AZ 85387 bmpurdy hotmail.com kiverson consultbai.com Alan Herzfeld Terri Carlock Herzfeld&Piotrowski LLP Accounting Supervisor 713 W.Franklin Idaho Public Utilities Commission P.O.Box 2864 472 W.Washington Boise,ID 83701 P.O.Box 83720 aherzfeld@hpllp.net Boise,ID 83720-0074 terri.carlock uc.idaho.covP Randall C.Budge Anthony Yankel Racine,Olson,Nye,Budge &Bailey,Chartered 29814 Lake Road 201 E.Center Bay Village,OH 44140 P.O.Box 1391 tony@yankel.net Pocatello,ID 83204-1391 reb@racinelaw.net Arthur F.Sandack,Esq. 8 E.Broadway,Suite 510 Salt Lake City,UT 84111 asandack msn.com Mary Penfield Adviser,Regulatory Operations PacifiCorp Affiliated Interest Report for the year ended December 31,2020 Table of Contents I.Organization I.A.Officers and Directors 1.PacifiCorp Board of Directors and Committees of the Board of Directors 2.PacifiCorp Executive Officers 3.PacifiCorp Executive Officers and Directors with Affiliated Positions I.B.Changes in Ownership I.C.Affiliate Descriptions I.D.Financial Statements II.Transactions III.Loans IV.Debt Guarantees V.Other Transactions VI.Employee Transfers VII.Cost Allocations Intercompany Administrative ServicesAgreement Intercompany Mutual Assistance Agreement Appendix A -Oregon Public Utility Commission orders approving transactions with affiliates I.Organization PacifiCorp is a United States regulated electric utility company headquartered in Oregon that serves approximately2.0 million retail electric customers in portions of Utah,Oregon,Wyoming,Washington,Idaho and California.PacifiCorp is principally engaged in the business of generating,transmitting,distributing and selling electricity.PacifiCorp's combined service territory covers approximately 141,400 square miles and includes diverse regional economies across six states.No single segment of the economy dominates the combined service territory,which helpsmitigatePacifiCorp's exposure to economic fluctuations.In the eastern portion of the service territory,consisting ofUtah,Wyoming and southeastern Idaho,the principal industries are manufacturing,mining or extraction of natural resources,agriculture,technology,recreation and government.In the western portion of the service territory, consisting of Oregon,southern Washington and northern California,the principal industries are agriculture,manufacturing,forest products,food processing,technology,government and primary metals.In addition to retail sales,PacifiCorp buys and sells electricity on the wholesale market with other utilities,energy marketing companies,financial institutions and other market participants to balance and optimize the economic benefits of electricitygeneration,retail customer loads and existing wholesale transactions.Certain PacifiCorp subsidiaries support itselectricutilityoperationsbyprovidingcoalminingservices. PacifiCorp was incorporated under the laws of the state of Oregon in 1989 and its principal executive offices arelocatedat825N.E.Multnomah Street,Portland,Oregon 97232,its telephone number is (888)221-7070 and itsinternetaddressiswww.pacificorp.com.PacifiCorp delivers electricity to customers in Utah,Wyoming and IdahounderthetradenameRockyMountainPowerandtocustomersinOregon,Washington and Californiaunder the tradenamePacificPower. PacifiCorp is an indirect wholly owned subsidiary of Berkshire Hathaway Energy Company ("BHE"),a holdingcompanythatownsahighlydiversifiedportfoliooflocallymanagedbusinessesprincipallyengagedintheenergyindustryandisaconsolidatedsubsidiaryofBerkshireHathawayInc.("Berkshire Hathaway").All shares ofPacifiCorp's common stock are indirectly owned by BHE.PacifiCorp also has shares of preferred stock outstandingthataresubjecttovotingrightsincertainlimitedcircumstances. The following pages provide organization charts of PacifiCorp's and BHE's subsidiaries.See sectionI.C.Affiliate Descriptions for discussion of affiliates with which PacifiCorp did business during the year endedDecember31,2020,including Berkshire Hathaway affiliates. 1 Subsidiaries of PacifiCorp as of December 31,2020(a) Approximate Percentage of State of Jurisdiction ofNameofSubsidiaryVotingSecuritiesOwnedIncorporationorOrganization Energy West Mining Company (b)100%Utah Pacific Minerals,Inc.©100%Wyoming -BridgerCoal Company,a joint venture (d)66.67%Wyoming Trapper Mining Inc.)21.40%Delaware (a)Fossil Rock Fuels,LLC,Glenrock Coal Company and Interwest Mining Company were all dissolved in 2020. (b)Energy West MiningCompany ceased miningoperations in 2015. (c)Pacific Minerals,Inc.is a wholly owned subsidiary of PacifiCorp that holds a 66.67%ownership interest in Bridger Coal Company. (d)Bridger Coal Company is a coal mining joint venture with Idaho Energy Resources Company,a subsidiary of Idaho Power Company,and is jointly controlled by Pacific Minerals,Inc.and Idaho Energy Resources Company. (e)PacifiCorp is a minority owner in Trapper Mining Inc.,a cooperative.The members are Salt River Project Agricultural Improvement and Power District (32.10%),Tri-State Generation and Transmission Association,Inc.(26.57%),PacifiCorp (21.40%)and Platte River Power Authority (19.93%). 2 Berkshire Hathaway Energy Company Organization Chart As of December 31,2020 Berkshire Hathaway Inc. I 91.1% Berl-shire Hathaway Energy Coirpany PPWHoldings MidArnerican BHENVEnergy.Inc.LLC Funding.LLC Renewables.LLC Midwest Capital MidAinerican Nevada Power Sierra PacificPacifiCorp BHE Wind.LLCGroup.Inc.Energy Coinpany Coinpany Power Coinpany BHE Pipeline BHE U.S.BHE AltaLink LtdGroup.LLC Transluission.LLC Kem River Gas ElectricNorthernNaturalBHEGT&S.MTL CanyonTransinissionTransinissionMATLLLPGascoinpanyLLCHoldings.LLCCo1npanyTexas.LL C Northem MidAinericanHo1neSe1TicesCaŒnergyPowergridEnergyofAinerica.Inc.PhilippinesHoldingsCoinpany Services.LLC *This chart does not include all subsidiaries of PacifiCorp or of its affiliates.For a list of certain subsidiaries of BHE,refer to Exhibit 21.1 included in BHE's Form 10-K for the year ended December 31,2020 (File No.001-14881)at www.sec.gov. 3 I.A.Officers and Directors Information regarding directors and officers common to the regulated utility and affiliated interest are described in these categories: 1.PacifiCorp board of directors and committees of the board of directors during the year ended December31,2020 2.PacifiCorp executive officers during the year ended December 31,2020 3.PacifiCorp executive officers and directors with affiliated positions as of December 31,2020 The positions listed for the directors and executive officers in each of these sections are those positions that were held as of or during the year ended December 31,2020,as indicated.Changes that occurred subsequent to December 31,2020 (if any)are annotated. 4 1.PacifiCorp Board of Directors and Committees of the Board of Directors during the year endedDecember31,2020 Elected Resigned During the During theDirectoratYearEndedYearEndedDirectorAddressFromTo12/31/2020 12/31/2020 12/31/2020 William J.Fehrman 666 Grand Avenue 1/10/2018 Yes No No27thFloor Des Moines,Iowa 50309 Stefan A.Bird 825 NE Multnomah Street 3/10/2015 Yes No No Suite 2000 Portland,Oregon 97232 Gary W.Hoogeveen 1407 West North Temple 11/19/2018 Yes No No Suite 310 Salt Lake City,Utah 84116 Nikki L.Kobliha 825 NE Multnomah Street 2/1/2017 Yes No NoSuite1900 Portland,Oregon 97232 Patrick J.Goodman (a)666 Grand Avenue 3/21/2006 5/29/2020 No No Yes27thFloor Des Moines,Iowa 50309 Calvin D.Haack (a)666 Grand Avenue 5/29/2020 Yes Yes No27thFloor Des Moines,Iowa 50309 Natalie L.Hocken 825 NE Multnomah Street 8/30/2007 Yes No No Suite 2000 Portland,Oregon 97232 (a)Patrick J.Goodman retired from the PacifiCorp Board of Directors on May 29,2020.Calvin Haack was elected to fill the resulting vacantBoardpositioneffectiveMay29,2020. Committees of the Board of Directors:The Compensation Committee is the only PacifiCorp board committee.PacifiCorp's Chairman of theBoardofDirectorsandChiefExecutiveOfficeristhesolememberoftheCompensationCommittee.All other board committees are at the BerkshireHathawayEnergyCompanylevel. 5 2.PacifiCorp ExecutiveOfficers during the year ended December 31,2020 Elected Resigned During the During the Officer at Year Ended Year Ended Title Officer Address From To 12/31/2020 12/31/2020 12/31/2020 Chairman of the William i Fehrman 666 Grand Avenue 1/10/2018 Yes No No Board of Directors 27th Floor and Chief Executive Des Moines,Iowa 50309 Officer President and Chief Stefan A.Bird 825 NE Multnomah Street 3/10/2015 Yes No No Executive Officer,Suite 2000 Pacific Power Portland,Oregon 97232 President and Chief Gary W.Hoogeveen 1407 West North Temple 6/1/2018 Yes No No Executive Officer,Suite 310 and Rocky Mountain Salt Lake City,Utah 84116 11/28/2018 Power Vice President,Nikki L Kobliha 825 NEMultnomah Street 8/13/2015 Yes No No Chief Financial Suite 1900 Officer and Portland,Oregon 97232 Treasurer 6 3.PacifiCorp ExecutiveOfficers and Directors with Affiliated Positions as of December 31,2020 Fehrman,William J. Business Entity Title AltaLink Management Ltd.Director Berkshire Hathaway Energy Company Director Berkshire Hathaway Energy Company President &ChiefExecutive OfficerBHECanada(BC)Holdings Corporation President HomeServices of America,Inc.Director HomeServices of America,Inc.Executive Committee Member HomeServices of America,Inc.Finance Committee Member NNGC Acquisition,LLC President Northern Natural Gas Company Chairman Northern Natural Gas Company DirectorNorthernPowergridHoldingsCompanyChairman Northern Powergrid Holdings Company DirectorNVEnergy,Inc.Chairman NV Energy,Inc.DirectorPPWHoldingsLLCPresident Bird,Stefan A. Business Entity Title PacifiCorp Foundation Chairperson PacifiCorp Foundation Director Hoogeveen,Gary W. Business Entity Title Energy West Mining Company Director Energy West Mining Company President Pacific Minerals,Inc.Director Pacific Minerals,Inc.President PacifiCorp Foundation Director PacifiCorp Foundation President Kobliha,Nikki L. Business Entity Title Pacific Minerals,Inc.Treasurer PacifiCorp Foundation Treasurer PacifiCorp Foundation Vice President Haack,Calvin D. Business Entity Title Alaska Gas Pipeline Company,LLC Vice President &TreasurerAlaskaGasTransmissionCompany,LLC Manager "> Alaska Gas Transmission Company,LLC Vice President &TreasurerAlaskaStorageHoldingCompany,LLC Vice President &TreasurerAltaLinkManagementLtd.Director Berkshire Hathaway Energy Canada Foundation Director Berkshire Hathaway Energy Canada Foundation Member Berkshire Hathaway Energy Company Senior Vice President &ChiefFinancial Officer Berkshire Hathaway Energy Foundation Director Berkshire Hathaway Energy Foundation Treasurer BHE America Transco,LLC Vice President &Treasurer BHE Canada (BC)Holdings Corporation Director BHE Canada (BC)Holdings Corporation Vice President &Treasurer 7 Haack,Calvin D. Business Entity Title BHE Canada Holdings Corporation Director BHE Canada,LLC Manager a) BHE Canada,LLC Vice President &Treasurer BHE Compression Services,LLC Board Member BHE Compression Services,LLC Manager 0) BHE Compression Services,LLC Treasurer BHE CS Holdings,LLC Board Member BHE CS Holdings,LLC Manager 0) BHE CS Holdings,LLC Treasurer BHE GT&S,LLC Manager 0) BHE GT&S,LLC Senior Vice President &ChiefFinancial Officer BHE Infrastructure Group,LLC Manager 03 BHE Infrastructure Group,LLC Senior Vice President &ChiefFinancial Officer BHE Infrastructure Services,LLC Board Member BHE Infrastructure Services,LLC Manager 0) BHE Infrastructure Services,LLC Senior Vice President &ChiefFinancial Officer BHE Midcontinent Transmission Holdings,LLC Vice President &Treasurer BHE Pipeline Group,LLC Manager 0) BHE Pipeline Group,LLC Senior Vice President &Chief Financial Officer BHE Southwest Transmission Holdings,LLC Vice President &Treasurer BHE Texas Transco,LLC Vice President &Treasurer BHE U.K.Electric,Inc.Director BHE U.K.Electric,Inc.Vice President &Treasurer BHE U.K.Inc.Director BHE U.K.Inc.Vice President &Treasurer BHE U.K.Power,Inc.Director BHE U.K.Power,Inc.Vice President &Treasurer BHE U.S.Transmission,LLC Board Member BHE U.S.Transmission,LLC Manager 03 CalEnergy Company,Inc.Director CalEnergy Company,Inc.Vice President &Treasurer CalEnergy Pacific Holdings Corp.Director CalEnergy Pacific Holdings Corp.Vice President &Treasurer CaliforniaUtilityHoldCo,LLC Board Member CaliforniaUtilityHoldCo,LLC Manager 0) CaliforniaUtilityHoldCo,LLC Vice President &Treasurer Carolina Gas Services,Inc.Assistant Treasurer Carolina Gas Transmission,LLC Assistant Treasurer CE International Investments,Inc.Director CE International Investments,Inc.Vice President &Treasurer Cook Inlet Natural Gas Storage Alaska,LLC Vice President &Treasurer Cove Point GP Holding Company,LLC Assistant Treasurer Cove Point LNG,LP Assistant Treasurer Dakota Dunes Development Company Director Dakota Dunes Development Company Vice President &Treasurer DCCO Inc.Director DCCO Inc.Vice President &Treasurer Eastern Brine,LLC Assistant Treasurer Eastern Energy Field Services Inc.Assistant Treasurer Eastern Energy Gas Holdings,LLC Assistant Treasurer Eastern Energy Gas Holdings,LLC Director Eastern Energy Gas Holdings,LLC Manager 03 Eastern Gas Transmission and Storage,Inc.Assistant Treasurer Eastern Gathering and Processing,Inc.Assistant Treasurer 8 Haack,Calvin D. Business Entity Title Eastern MLP HoldingCompany II,LLC Assistant Secretary Farmington Properties,Inc.Assistant Treasurer IES Holding II,LLC Vice President &Treasurer Iroquois GP HoldingCompany,LLC Assistant Treasurer Iroquois,Inc.Assistant Treasurer JAX LNG,LLC Assistant Treasurer Kanstar Transmission,LLC Vice President &Treasurer Kern River Gas Transmission Company Vice President &Treasurer KR Holding,LLC Manager 0) M &M Ranch Acquisition Company,LLC Manager fu M &M Ranch Acquisition Company,LLC Vice President &Treasurer M &M Ranch HoldingCompany,LLC Manager a) M &M Ranch HoldingCompany,LLC Vice President &Treasurer Magma Netherlands B.V.Director Magma Netherlands B.V.Managing Director Magma Netherlands B.V.Vice President &Treasurer MEHC Investment,Inc.Director MES Holding,LLC Manager (1) MES Holding,LLC Vice President &TreasurerMHCInc.Director MHC Inc.Vice President &Treasurer MHC Investment Company Director MHC Investment Company Vice President &TreasurerMidAmericanCentralCaliforniaTransco,LLC Vice President &Treasurer MidAmericanEnergy Machining Services LLC Manager (1) MidAmericanEnergy Machining Services LLC Vice President &Treasurer MidAmericanFunding,LLC Manager (1) MidAmericanFunding,LLC Vice President &Treasurer Midwest Capital Group Private Equity Holdings,LLC Board Member Midwest Capital Group Private Equity Holdings,LLC Senior Vice President &ChiefFinancial Officer Midwest Capital Group,Inc.Director Midwest Capital Group,Inc.Vice President &Treasurer Midwest Power Midcontinent Transmission Development,LLC Board Member Midwest Power Midcontinent Transmission Development,LLC Manager (1) Midwest Power Midcontinent Transmission Development,LLC Vice President &Treasurer Midwest Power Transmission Arkansas,LLC Manager (1) Midwest Power Transmission Arkansas,LLC Vice President &Treasurer Midwest Power Transmission Iowa,LLC Board Member Midwest Power Transmission Iowa,LLC Manager (1) Midwest Power Transmission Iowa,LLC Vice President &Treasurer Midwest Power Transmission Kansas,LLC Board Member Midwest Power Transmission Kansas,LLC Manager fi) Midwest Power Transmission Kansas,LLC Vice President &Treasurer Midwest Power Transmission Oklahoma,LLC Board Member Midwest Power Transmission Oklahoma,LLC Manager iI) Midwest Power Transmission Oklahoma,LLC Vice President &Treasurer Midwest Power Transmission Texas,LLC Board Member Midwest Power Transmission Texas,LLC Manager a) Midwest Power Transmission Texas,LLC Vice President &Treasurer ModularLNG Holdings,Inc.Assistant Treasurer Montana Alberta Tie LP Inc.Director Montana AlbertaTie US Holdings GP Inc.Director MPT Heartland Development,LLC Board Member MPT Heartland Development,LLC Manager 03 9 Haack,Calvin D. Business Entity Title MPT Heartland Development,LLC Vice President &Treasurer MTL Canyon Holdings,LLC Vice President &Treasurer NE Hub Partners,L.L.C.Assistant Treasurer NiCHeLNG,LLC Assistant Treasurer NiCHe Storage Solutions,LLC Assistant Treasurer NNGC Acquisition,LLC Board Member NNGC Acquisition,LLC Manager 0) Northern Electric plc.Director Northern Natural Gas Company Director Northern Powergrid Holdings Company Director NVE Holdings,LLC Manager a) NVE Holdings,LLC Vice President &Treasurer Pivotal JAX LNG,LLC Assistant Treasurer Pivotal LNG,Inc.Assistant Treasurer PPW Holdings LLC Manager B) PPW Holdings LLC Vice President &Treasurer Rev LNG SSL BC LLC Assistant Treasurer Tioga Properties,LLC Assistant Treasurer Tongonan Power Investment,Inc.Vice President &Treasurer Visayas Geothermal Power Company Vice President &Treasurer Western Capital Group Private Equity Holdings,LLC Board Member Western Capital Group,LLC Manager (0 Hocken,Natalie L. Business Entity Title AltaLink Management Ltd.Director Berkshire Hathaway Energy Canada Foundation Member Berkshire Hathaway Energy Company Corporate Secretary Berkshire Hathaway Energy Company Senior Vice President &General Counsel Berkshire Hathaway Energy Foundation Director BHE America Transco,LLC Manager 60 BHE America Transco,LLC President BHE Canada (BC)Holdings Corporation Director BHE Canada Holdings Corporation Director BHE Canada Holdings Corporation Executive Vice President &Secretary BHE Canada,LLC Executive Vice President &General Counsel BHE Canada,LLC Manager fu BHE Compression Services,LLC Manager 60 BHE CS Holdings,LLC Manager 60 BHE GT&S,LLC Manager 60 BHE GT&S,LLC Senior Vice President &General Counsel BHE Infrastructure Group,LLC Manager 60 BHE Infrastructure Group,LLC Senior Vice President &General Counsel BHE Infrastructure Services,LLC Manager fu BHE Infrastructure Services,LLC Senior Vice President BHE Midcontinent Transmission Holdings,LLC Manager 60 BHE Midcontinent Transmission Holdings,LLC President BHE Pipeline Group,LLC Manager fu BHE Pipeline Group,LLC Senior Vice President &General Counsel BHE Southwest Transmission Holdings,LLC Manager fu BHE Southwest Transmission Holdings,LLC President BHE Texas Transco,LLC Manager fu BHE U.K.Electric,Inc.Director 10 Hocken,Natalie L. Business Entity Title BHE U.K.Electric,Inc.President BHE U.K.Inc.Director BHE U.K.Power,Inc.Director BHE U.K.Power,Inc.President BHE U.S.Transmission,LLC Manager 60 CalEnergy Company,Inc.Senior Vice President &General Counsel CaliforniaUtility HoldCo,LLC Manager fu CaliforniaUtility HoldCo,LLC President Eastern Energy Gas Holdings,LLC Manager 60 HomeServices of America,Inc.Director Kanstar Transmission,LLC Manager 60 Kanstar Transmission,LLC President Kern RiverGas Transmission Company Director KR Holding,LLC Manager 60 KR Holding,LLC Vice President &Secretary M &M Ranch Acquisition Company,LLC Manager 60 M &M Ranch Acquisition Company,LLC President M &M Ranch HoldingCompany,LLC Manager fu M &M Ranch HoldingCompany,LLC President MEHC Investment,Inc.Director MEHC Investment,Inc.Senior Vice President MHC Inc.Director MHC Inc.Senior Vice President,General Counsel&Assistant Secretary MHC Investment Company Director MidAmericanCentral CaliforniaTransco,LLC Manager fu MidAmerican Central CaliforniaTransco,LLC President MidAmericanEnergy Company Vice President MidAmerican Funding,LLC Manager fu Midwest Power Midcontinent Transmission Development,LLC Manager 60 Midwest Power Midcontinent Transmission Development,LLC President Midwest Power Transmission Arkansas,LLC Manager 60 Midwest Power Transmission Arkansas,LLC President Midwest Power Transmission Iowa,LLC Manager 60 Midwest Power Transmission Iowa,LLC President Midwest Power Transmission Kansas,LLC Manager fu Midwest Power Transmission Kansas,LLC President Midwest Power Transmission Oklahoma,LLC Manager fu Midwest Power Transmission Oklahoma,LLC President Midwest Power Transmission Texas,LLC Manager fu Midwest Power Transmission Texas,LLC President Montana Alberta Tie LP Inc.Director Montana Alberta Tie US Holdings GP Inc.Director MPT Heartland Development,LLC Manager fu MPT Heartland Development,LLC President MTL Canyon Holdings,LLC Manager fu MTL Canyon Holdings,LLC President NNGC Acquisition,LLC Manager fu Northern Natural Gas Company Director NVE Holdings,LLC Manager 60 NVE Insurance Company,Inc.President PPW Holdings LLC Manager fu Western Capital Group,LLC Senior Vice President &General Counsel (1)For LLCs,a manager is the equivalent of a director 11 I.B.Changes in Ownership Changes in Successive Ownership Between the Regulated Utility and Afliliated Interest for the year ended December 31,2020 Refer to Exhibit 21 of the Berkshire Hathaway Inc.("Berkshire Hathaway")Form 10-K (File No.001-14905)for a list of certain subsidiaries of Berkshire Hathaway Energy Company's parent company,Berkshire Hathaway,as of December3l,2020.Refer to Exhibit 21.1 of the Berkshire Hathaway Energy Company ("BHE")Form 10-K (File No.001-14881)for a list of certain subsidiaries of BHE as of December 31,2020. 12 I.C.Affiliate Descriptions A narrative descriptionofeach affiliated entity with which the regulatedutility does business.State the factor(s)giving rise to the affiliation. Affiliated interests of PacifiCorp are defined by Oregon Revised Statutes 757.015,Revised Code of Washington 80.16.010 and California Public Utilities Commission Decision 97-12-088,as amended by Decision 98-08-035,ashavingtwoormoreofficersordirectorsincommonwithPacifiCorp,or by meeting the ownership requirements offivepercentdirectorindirectownership. In the ordinary course of business,PacifiCorp engaged in various transactions with several of its affiliated companies during the year ended December 31,2020.Services providedby PacifiCorp and charged to affiliatesrelated primarily to administrative services providedunder the Intercompany AdministrativeServices Agreement ("IASA")or mutual assistance providedunder the Intercompany Mutual Assistance Agreement ("IMAA")among Berkshire HathawayEnergyCompany("BHE")and its affiliates,as well as wholesale energy supply and marketing activities,information technology,administrative support services and joint use services.Services providedby affiliates and charged toPacifiCorprelatedprimarilytocoalmining,the transportation of natural gas and coal,wholesale energy purchases and transmission of electricity,banking and lending services,travelservices,employee relocation services,financial transactions related to energy hedging activity,administrative services providedunder the IASA and mutual assistanceprovidedundertheIMAA.Refer to section III.Loans for informationregarding the umbrella loan agreement betweenPacifiCorpandPacificMinerals,Inc.Throughoutthis report,the term "services"includes labor,overheads and related employee expenses. Although PacifiCorp provided retail electricity services to certain affiliates within its service territory,such transactions are excluded from this report because they are billed at tariff rates.Due to the volumeand breadth of the Berkshire Hathaway Inc.("Berkshire Hathaway")family of companies,it is possible that employees of PacifiCorp have made purchases from certain Berkshire Hathaway affiliates not listed here,and have been reimbursed by PacifiCorp for those purchases as a valid business expense.PacifiCorp does not believe those transactions would be material individuallyor in aggregate. The narrative descriptions below are as of December 31,2020 and do not contemplate changes subsequent to that date. American Airlines,Inc.("American Airlines")-During the second quarter of 2020,Berkshire Hathaway's ownership interest in American Airlines Group Inc.,which wholly owns American Airlines,decreased to less thanfivepercentofAmericanAirlinesGroupInc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and American Airlines that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the U.S.Securities and Exchange Commission (the "SEC")of the disposition of beneficial ownership of securities).American Airlines is a major network carrier,providing scheduled air transportation for passengers and cargo.American Airlines providedtravel services to PacifiCorp. American Express Travel Related Services Company,Inc.("American Express Travel")-At December 31, 2020,Berkshire Hathaway held a 18.83%ownership interest in American Express Company,which wholly ownsAmericanExpressTravel.American Express Company is a global services company whose principalproducts and services are charge and credit card products and travel-related services to consumers and businesses around the world.American Express TravelprovidedPacifiCorp travel arrangement services. Apple Inc.("Apple")-At December 31,2020,Berkshire Hathaway held a 5.67%ownership interest in Apple Inc. Apple designs,manufactures and markets smartphones,personal computers,tablets,wearables and accessories,and sells a variety of related services.In addition to its high-tech related activities,Apple owns several renewable electric generation facilities primarily for Apple's use;however,Apple has received permission to sell its surplus electricity into the marketplace at wholesale prices through spot transactions.PacifiCorp purchased wholesale energy from Apple. 13 The Bank of New York Mellon Corporation ("BNY Mellon")-At December 31,2020,Berkshire Hathaway held an 8.39%ownership interest in BNY Mellon.BNY Mellon engages in trust and custody activities,investment management services,banking services and various securities-related activities.BNY Mellon provided trustee, custodial and lending services to PacifiCorp. BNSF Railway Company("BNSF")-an indirect wholly owned subsidiary of Berkshire Hathaway.BNSF operates one of the largest railroad networks in North America.PacifiCorp has long-term coal transportation contracts with BNSF,including indirectly through a generating facility that is jointly owned by PacifiCorp and another utility,as well as right-of-wayagreements. The Coca-ColaCompany ("Coca-Cola")-At December 31,2020,Berkshire Hathaway held a 9.31%ownership interest in Coca-Cola.Coca-Cola is a beverage company that owns,licenses and markets sparkling soft drinks,water, enhanced water,sports drinks,juice,dairy and plant-based beverages,tea,coffee and energy drinks.Coca-Cola providedbeverage machine services to PacifiCorp. Delta Air Lines,Inc.("Delta Air")-Duringthe second quarter of 2020,Berkshire Hathaway's ownership interest in Delta Air decreased to less than five percent of Delta Air's outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and Delta Air that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the SEC of the disposition of beneficial ownership of securities).Delta Air is a major passenger airline,providingscheduled air transportation for passengers and cargo throughout the United States and around the world.Delta Air providedtravel services to PacifiCorp. Environment One Corporation ("Environment One")-an operating company of Precision Castparts Corp.,which is a wholly owned subsidiary of Berkshire Hathaway.Environment One is a manufacturer and providerof products and services for sewer systems and instruments used by electric utilities to protect and optimize the performance of assets.Environment One provided PacifiCorp with certain mechanical parts,supplies,and services used by PacifiCorp's large thermal generation plants,including vacuum pumps,cloud chamber assemblies and collector analysis,cleaning and repair. FlightSafety International Inc.("FlightSafety")-a wholly owned subsidiary of Berkshire Hathaway.FlightSafety providedaviationtrainingto PacifiCorp. Global Healthcare Product Solutions,LLC ("Global Healthcare")-At December 31,2020,Berkshire Hathaway held a 24.59%ownership interest in BYD Company Limited,which owns Global Healthcare.Global Healthcare is the authorized seller of BYD Company Limited face masks and disinfection gels.Global Healthcare providedhand sanitizer necessary for PacifiCorp's COVID-19preparedness efforts. J.Aron &Company LLC ("J.Aron")-Duringthe first quarter of2020,Berkshire Hathaway's ownership interest in The Goldman Sachs Group,Inc,which wholly owns J.Aron,decreased to less than 5%of The Goldman Sachs Group,Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and The Goldman Sachs Group,Inc.that occurred between January 1,2020 and February 14,2020 (the date Berkshire Hathaway filed its Schedule 13G with the SEC,and its decreased ownership of The Goldman Sachs Group,Inc. became known).J.Aron is an international commodities dealer that is engaged as a market-maker in physical and financial transactions involvingvarious commodities,including electricity,natural gas,precious metals,base metals, crude oil and petroleum products.J.Aron provided financial transactions related to energy hedging activity to PacifiCorp. Marmon Utility LLC -a wholly owned subsidiary of Marmon Holdings,Inc.("Marmon"),in which Berkshire Hathaway held a 99.75%ownership interest at December 31,2020.Marmon is an international association of numerous manufacturing and service businesses in energy-related and other markets.Marmon subsidiary Marmon UtilityLLC providedmaterials and supplies to PacifiCorp in the normal course of business. Moody's Investors Service ("Moody's")-At December 31,2020,Berkshire Hathaway held a 13.14%ownership interest in Moody's Corporation,which wholly owns Moody's.Moody's provided PacifiCorp with credit rating services. 14 Parts and Service Solutions LLC -At December 31,2020,Berkshire Hathaway held a 38.60%ownership interest in Pilot Company,which owns Parts and Service Solutions LLC.Parts and Service Solutions LLC is a supplier of automobile service shop supplies.Parts and Service Solutions LLC provided protective masks necessary for PacifiCorp's COVID-19preparedness efforts. Southwest Airlines Co.("Southwest Airlines")-During the second quarter of 2020,Berkshire Hathaway's ownership interest in Southwest Airlines decreased to less than five percent of Southwest Airlines'outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and Southwest Airlines that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informingthe SEC of the disposition of beneficial ownership of securities).Southwest Airlines is a major passenger airline,providing scheduled air transportation in the United States and near-international markets.Southwest AirlinesprovidedtravelservicestoPacifiCorp. U.S.Bancorp-At December 31,2020,Berkshire Hathaway held a 9.93%ownership interest in U.S.Bancorp.U.S. Bancorp is a financial services company providinglending and depository services,credit card,merchant,and ATM processing,mortgage banking,cash management,capital markets,insurance,trust and investment management, brokerage and leasing activities.U.S.Bancorp providedunderwriting,banking and lending services to PacifiCorp. United Airlines,Inc.("United Airlines")-Duringthe second quarter of 2020,Berkshire Hathaway's ownership interest in United Airlines Holdings,Inc.,which wholly owns United Airlines decreased to less than five percent of United Airlines Holdings,Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and United Airlinesthat occurred between January 1,2020 and May 7,2020 (the date Berkshire HathawayfiledSchedule13GinformingtheSECofthedispositionofbeneficialownershipofsecurities).United is a major passenger airline,providingscheduled air transportation for passengers and cargo throughout the United States and around the world.United Air providedtravelservices to PacifiCorp. Wells Fargo &Company ("Wells Fargo")-During the third quarter of 2020,Berkshire Hathaway's ownership interest in Wells Fargo decreased to less than 5%of Wells Fargo &Company's outstanding common shares. Accordingly,this report reflects the transactions between PacifiCorp and Wells Fargo &Company that occurred between January 1,2020 and September 4,2020 (the date Berkshire Hathaway filed its Schedule 13G with the SEC, and its decreased ownership of Wells Fargo &Company became known).Wells Fargo is a fmancial services companyprovidingbanking,insurance,trust and investments,mortgage banking,investment banking,retail banking, brokerage,and consumer and commercial finance to consumers,businesses,and institutions.Wells Fargo provided banking and lending services,and financial transactions related to energy hedging activity to PacifiCorp. Berkshire Hathaway Energy Company-a holding company that owns a highly diversifiedportfolio of locally managed businesses principally engaged in the energy industry.BHE is a consolidated subsidiary of Berkshire Hathaway.As of January 31,2021,Berkshire Hathaway owned 91.9%of BHE's common stock.As of January 31,2021,the balance of BHE's common stock is owned by Walter Scott,Jr.,a member of BHE's Board of Directors (along with his familymembers and related or affiliatedentities)(7.9%ownership interest as of January 31, 2021)and Gregory E.Abel,BHE's Chairman (1.0%ownership interest as of January 31,2021).BHE and its subsidiaries providedadministrative services to PacifiCorp under the IASA.PacifiCorp also providedadministrative services to BHE and its subsidiaries under the IASA.Refer to section VII.Cost Allocations for furtherdiscussion. BHE AltaLink Ltd.("AltaLink")-an indirect wholly owned subsidiary of BHE Canada,LLC and the indirect parent company of AltaLink,L.P.,a regulated electric transmission-only company headquartered in Alberta,Canada. PacifiCorp providedadministrative services to AltaLink under the IASA. BHE Renewables,LLC ("BHE Renewables")-a wholly owned subsidiary of BHE.BHE Renewables was developed to oversee unregulated solar,wind,hydro and geothermal projects.PacifiCorp providedadministrative services to BHE Renewables under the IASA. BHE Wind,LLC ("BHE Wind")-a wholly owned subsidiary of BHE Renewables.BHE Wind has projects that produce energy for both the wholesale market and for customers under long-term power agreements.BHE Wind transferred certain wind turbine equipment to PacifiCorp for use in multiple wind projects. 15 BHE U.S.Transmission,LLC ("BTL")-a wholly owned subsidiary of BHE.BTL is engaged in various joint ventures to develop,own and operate transmission assets and is pursuing additional investment opportunities in the United States.PacifiCorp providedadministrative services to BTL under the IASA. Electric Transmission Texas,LLC ("ETT")-a joint venture in which a wholly owned subsidiary of BTL holds a 50%ownership interest.ETT acquires,constructs,owns and operates electric transmission facilities within the Electric Reliability Council of Texas.PacifiCorp providedadministrative services to ETT under the IASA. MATL LLP ("MATL")-an indirect wholly owned subsidiary of BTL.MATL operates a merchant transmission facility extending from Lethbridge,Alberta,Canada to Great Falls,Montana.PacifiCorp providedadministrative services to MATL under the IASA. MTL Canyon Holdings,LLC ("MTL")-a wholly owned subsidiary of BTL.MTL owns a 50%interest in TransCanyon,LLC,an independent developer of electric transmission infrastructure for the western United States. PacifiCorp providedservices to MTL under the IASA. CalEnergy Philippines -a group of wholly owned and majority-owned subsidiaries of BHE located in the Philippines.The primary operating asset within this group is a l28-megawatt combined hydro and irrigationfacility operated and maintained by CE Casecnan Water,and Energy Company,Inc.PacifiCorp providedadministrative services to CalEnergy Philippines under the IASA. HomeServices of America,Inc.("HomeServices")-a majority-owned subsidiary of BHE,which held 97.78% ownership at December 31,2020.HomeServices is,through its operating subsidiaries,a residential real estate brokerage firm whose services include relocation services and providedsuch services to employees of PacifiCorp and its affiliates.PacifiCorp providedadministrative services to HomeServices under the IASA. BHE GT&S,LLC ("BHE GT&S")-Duringthe fourth quarter of 2020,BHE acquired the natural gas transmission and storage business of Dominion Energy,Inc.and Dominion Energy Questar Corporation,exclusive of Dominion Energy Questar Pipeline,LLC and related entities.These businesses are now organized as BHE GT&S,a wholly owned subsidiary of BHE Pipeline Group,LLC.Accordingly,this report reflects the transactions between PacifiCorp and BHE GT&S that occurred between November 1,2020 (the date the previously announced purchase was completed,and the Form 8-K was filed with the SEC)and December 31,2020.BHE GT&S is an interstate natural gas transmission and storage company that operates in the eastern United States.PacifiCorp providedadministrative services to BHE GT&S under the IASA. Kern River Gas Transmission Company("Kern River")-an indirect wholly owned subsidiary of BHE Pipeline Group,LLC.Kern Riverowns an interstate natural gas pipeline system that extends from supply areas in the Rocky Mountains to consuming markets in Utah,Nevada,and California.Kern River's pipeline system consists of 1,700 miles of natural gas pipelines.Kern River's transportation operations are subject to a regulated tariff that is on file with the Federal Energy Regulatory Commission.Kern River provided transportation of natural gas to certain PacifiCorp generating facilities in Utah and provided administrative services to PacifiCorp under the IASA. PacifiCorp providedadministrative services to Kern River under the IASA. Northern Natural Gas Company ("Northern Natural")-an indirect wholly owned subsidiary of BHE Pipeline Group,LLC.Northern Natural owns the largest interstate natural gas pipeline system in the United States,as measured by pipeline miles,which reaches from west Texas to Michigan's Upper Peninsula.Northern Natural primarily transports and stores natural gas for utilities,municipalities,gas marketing companies and industrial and commercial users.PacifiCorp providedadministrative services to Northern Natural under the IASA. MidAmerican EnergyCompany("MEC")-a wholly owned subsidiary of MHC Inc.MEC is principallyengaged in the business of generating,transmitting,distributing and selling electricity and in distributing,selling and transporting natural gas.MEC providedmutual assistance to PacifiCorp under the IMAA and administrative services to PacifiCorp under the IASA.PacifiCorp also providedmutual assistance to MEC under the IMAA and administrative services to MEC under the IASA. 16 Midwest Capital Group,Inc.("MCG")-a wholly owned subsidiary of MHC Inc.MCG holds a 100%interest in MHC Investment Company,as well as interests in other operating,financing and development companies.PacifiCorp providedadministrative services to MCG under the IASA. MidAmerican Energy Services,LLC ("MES")-an indirect wholly owned subsidiary of BHE.MES is a nonregulated energy business consisting of competitive electricity and natural gas retail sales.PacifiCorp provided administrative services under the IASA. Northern Powergrid Holdings Company("Northern Powergrid")-an indirect wholly owned subsidiary of BHE. NorthernPowergrid owns two companies that distribute electricity in Great Britain,Northern Powergrid (Northeast) Limited and NorthernPowergrid (Yorkshire)plc.Northern Powergrid also owns a meter asset rental business that leases smart meters to energy suppliers in the United Kingdom and Ireland,an engineering contracting business that provides electrical infrastructure contracting services primarily to third parties and a hydrocarbon exploration and development business that is focused on developing integrated upstream gas projects in Europe and Australia. PacifiCorp providedadministrative services to Northern Powergrid under the IASA. NV Energy,Inc.("NV Energy")-an indirect wholly owned subsidiary of BHE.NV Energy is an energy holding company owning subsidiaries that are public utilities that are principally engaged in the business of generating, transmitting,distributing and selling electricity and distributing,selling and transporting natural gas.NV Energy providedmutual assistance to PacifiCorp under the IMAA and administrative services to PacifiCorp under the IASA. PacifiCorp also providedadministrative services to NV Energy under the IASA. Nevada Power Company ("Nevada Power")-a wholly owned subsidiary of NV Energy.Nevada Power is a regulated electric utility company serving retail customers in Nevada.PacifiCorp purchased wholesale energy and transmission services from Nevada Power and paid Nevada Power for its share of the costs to operate and maintain assets on the Harry Allen substation.PacifiCorp sold wholesale energy and transmission services to Nevada Power. Nevada Power also provided administrative services to PacifiCorp under the IASA.PacifiCorp also provided administrative services to Nevada Power under the IASA. Sierra Pacific Power Company ("Sierra Pacific")-a wholly owned subsidiary of NV Energy.Sierra Pacific is a regulated electric and natural gas utility company serving retail electric customers and retail and transportation natural gas customers in Nevada.PacifiCorp purchased wholesale energy and transmission services from Sierra Pacific. PacifiCorp sold transmission services to Sierra Pacific.PacifiCorp also provided administrative services to Sierra Pacific under the IASA. PPW HoldingsLLC-the holding company forPacifiCorp and a direct subsidiary ofBHE.PacifiCorp pays dividends to PPW Holdings LLC.PPW Holdings LLC remits income taxes on behalfof PacifiCorp to BHE. Fossil Rock Fuels,LLC ("Fossil Rock")-Duringthe third quarter of2020,Fossil Rock,a wholly owned subsidiary of PacifiCorp,was dissolved.Fossil Rock had served as the leaseholder for certain coal reserves until June 5,2015, when the associated coal reserves were sold to Fossil Rock Resources,LLC. Pacific Minerals,Inc.("PMI")-a wholly owned subsidiary of PacifiCorp that owns 66.67%of Bridger Coal Company,the coal mining joint venture with Idaho Energy Resources Company ("IERC"),a subsidiary of Idaho Power Company.PMI is the entity that employs the individualsthat work for BridgerCoal Company. Bridger Coal Company ("Bridger Coal")-a coal mining joint venture 66.67%owned by PMI and 33.33%owned by IERC.BridgerCoal was formed to supply coal to the Jim Bridgergenerating facility.The Jim Bridger generating facility is 66.67%owned by PacifiCorp and 33.33%owned by Idaho Power Company.PacifiCorp provided informationtechnology and administrative services to BridgerCoal. 17 Trapper Mining Inc.-a cooperative in which,as of December 31,2020,PacifiCorp held a 21.40%interest,the Salt RiverProject Agricultural Improvementand Power District,an unaffiliatedentity,held a 32.10%interest,Tri-State Generation and Transmission Association,Inc.,an unaffiliatedentity,held a 26.57%interest and the Platte River Power Authority,an unaffiliatedentity,held a 19.93%interest.Trapper Mining Inc.was formed to supply coal to the Craig generating facility.The Craig generating facility is 19.28%owned by PacifiCorp.In addition to Trapper Mining Inc.providing coal to PacifiCorp,two PacifiCorp employees served on the Trapper Mining Inc.board of directors. PacifiCorp was compensated for this service. PacifiCorp Foundation -an independent non-profit foundation created by PacifiCorp in 1988.PacifiCorp Foundation supports the growthand vitality of the communities where PacifiCorp and its businesses have operations, employees or interests.PacifiCorp Foundation operates as the Rocky Mountain Power Foundation and the Pacific Power Foundation.PacifiCorp providedadministrative services to the PacifiCorp Foundation. Cottonwood Creek ConsolidatedIrrigation Company ("CCCIC")-a non-profit mutual irrigation company, which is a privatelyowned water stock company.PacifiCorpholds approximately 25.98%of the outstanding water stock in CCCIC.PacifiCorp paid annual assessment fees to CCCIC to help cover its operating and maintenance costs, as well as other costs pertinent to conducting its business,in exchange for access to water used by PacifiCorp'sHunter generating facility.PacifiCorp also previouslymade capital investments in CCCICto ensure a long-term,firm water supply for its Hunter generating facility. Ferron Canal &Reservoir Company ("FCRC")-a non-profit mutual irrigation company,which is a privately owned water stock company.PacifiCorp holds approximately 36.82%of the outstanding water stock in FCRC. PacifiCorp paid annual assessment fees to FCRC to help cover its operating and maintenance costs,as well as other costs pertinent to conducting its business,in exchange for access to water used by PacifiCorp's Hunter generating facility.PacifiCorp also contracts additional water from FCRC,which is made available to the Hunter generating facility through a long-term agreement between FCRC and PacifiCorp.The agreement calls for PacifiCorp to make an annual payment to FCRC and in return,FCRC provides PacifiCorp up to 7,000 acre-feet of water. Huntington Cleveland Irrigation Company ("HCIC")-a non-profit mutual irrigation company,which is a privately owned water stock company.PacifiCorp holds approximately 34.12%of the outstanding water stock in HCIC.PacifiCorp paid annual assessment fees to HCIC to help cover its operating and maintenance costs,as well as other costs pertinent to conducting its business,in exchange for access to water used by PacifiCorp'sHuntington generating facility.PacifiCorp also previouslymade capital investments in HCIC to ensure a long-term,firm water supply for its Huntington generating facility. 18 I.D.Financial Statements Financial statements or trial balances of the affiliated entity for the year ended December 31,2020,are included in section II.Transactions. 19 II.Transactions The following pages include the following information about services o rendered by the regulatedutility to the affiliate and vice versa: A description of the nature of the transactions Total charges or billings Information about the basis of pricing,cost of service,the margin of charges over costs,assets allocable to the services and the overall rate of return on assets Refer to the following page for a summary of the transactions included in this section. Refer to Appendix A for a discussion of Oregon Public Utility Commission orders approvingtransactions with affiliates. At times,entities controlled by PacifiCorp directly transact with one another.Additionally,entities controlled by PacifiCorp may transact directly with Berkshire Hathaway Energy Company ("BHE")and its subsidiaries.As PacifiCorp is not a party to these transactions,such transactions have been excluded from the tables presented on the following pages and instead are disclosed in the footnotes to the tables. The following items are excluded from this report as they do not constitute "services"as required by this report. "Convenience"payments made to vendors by one entity within the BHE group on behalfof,and charged to, other entities within the BHE group.Such convenience payments reflect the ability to obtain price discounts as a result of larger purchasing power. Reimbursements of payments related to wages and benefits associated with transferred employees within the BHE group. 0)In section II.Transactions,the term "services"as used in the headers "PacifiCorp Received Services"and "PacifiCorp Provided Services"encompasses both service and non-service transactions,which may include,but is not limited to,goods,assets and fees. 20 Summary of transactions included in Section II for the Year l Services provided pursuantto the IASA Total Ownership PacifiCi Interest PacifiCorp PacifiCorp Received as of Received Provided Provid Affiliated Entity 12/31/2020 Services Services Servic American Airlines,Inc.**<5%$-$-$ American Express Travel Related Services Company,Inc.18.83%-- Apple Inc.5.67%-- The Bank of New York Mellon Corporation 8.39%-- BNSF Railway Company 100.00%-- The Coca-Cola Company 9.31%-- Delta Air Lines,Inc.**<5%-- Environment One Corporation 100.00%-- FlightSafety International Inc.100.00%-- Global Healthcare Product Solutions,LLC 24.59%-- J.Aron &Company LLC '"<5%-- Marmon UtilityLLC 99.75%-- Moody's Investors Service 13.14%-- Parts and Service Solutions LLC 38.60%-- Southwest Airlines Co.**<5%-- U.S.Bancorp 9.93%-- United Airlines,Inc.**<5%-- Wells Fargo &Company **<5%-- Berkshire Hathaway Energy Company 91.10%4,054,460 1,379,922 5,434 BHE AltaLink Ltd.100.00%-48,264 48 BHE Renewables,LLC 100.00%-80,081 80 BHE Wind,LLC 100.00%-- BHE U.S.Transmission,LLC 100.00%-21,504 21 Electric Transmission Texas,LLC 50.00%-1,986 1 MATL LLP 99.50%-28,910 28 MTL Canyon Holdings,LLC 100.00%-9,101 9 CalEnergy Philippines various -1,657 1 HomeServices of America,Inc.97.78%-141,229 141 BHE GT&S,LLC **100.00%-76,463 76 Kern River Gas Transmission Company 100.00%l,503 139,114 140 Northern Natural Gas Company 100.00%54,484 126,207 180 MidAmerican Energy Company 100.00%4,183,286 408,752 4,592 Midwest Capital Group,Inc.100.00%-213 MidAmerican Energy Services,LLC 100.00%-11,025 11 Northern Powergrid Holdings Company 100.00%-68,739 68 NV Energy,Inc.100.00%356 31,761 32 Nevada Power Company 100.00%197,597 90,572 288 Sierra Pacific Power Company 100.00%23,245 53,237 76 PPW Holdings LLC 100.00%-- Fossil Rock Fuels,LLC I N/A -- Pacific Minerals,Inc.100.00%-- Rri<lver Coal Comnanv 66 A7¾.- American Airlines,Inc. Affiliated Transactions For the Period from January 1,2020 to May 7,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Travelservices $12,367 $- Total $12,367 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs (b)N/A Assets allocable to the services (b)N/A The overallrate of return on assets (b)N/A (a)During the second quarter of 2020,Berkshire Hathaway's ownership interest in American Airlines Group Inc.decreased to less than 5%of American Airlines Group Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and American Airlines Group Inc.that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the U.S.Securities and Exchange Commission of the disposition of beneficial ownership of securities). (b)American Airlines,Inc.provides services to PacifiCorp in the normal course of business at standard pricing. For furtherinformationon the following financial statements,refer to American Airlines,Inc.'s Form 10-K for the year ended December 31,2020 (File No.001-2691)at www.sec.gov. 22 AMERICANAIRLINES,INC. CONSOLIDATED BALANCE SHEETS (In millions,except share and par value) December 31, 2020 2019 ASSETS Current assets Cash $231 $267 Short-terminvestments 6,617 3,543 Restricted cash and shod-term investments 609 158 Accounts receivable,net 1,334 1,770 Receivables from related parties,net 7,877 12,451 Aircraft fuel,spare parts and supplies,net 1,520 1,754 Prepaid expenses and other 633 584 Total current assets 18,821 20,527 Operating property and equipment Flight equipment 37,485 42,213 Ground property and equipment 8,836 9,089 Equipment purchase deposits 1,446 1,674 Total property and equipment,at cost 47,767 52,976 Less accumulated depreciation and amortization (16,393)(18,335) Total property and equipment,net 31,374 34,641 Operating lease right-of-use assets 7,994 8,694 Other assets Goodwill 4,091 4,091 Intangibles,net of accumulated amortization of $745 and $704,respectively 2,029 2,084 Deferred tax asset 3,235 689 Other assets 1,671 1,164 Total other assets 11,026 8,028 Total assets $69,215 $71,890 LIABILITIESAND STOCKHOLDER'SEQUITY Current liabilities Current maturities of long-term debt and finance leases $2,800 $2,358 Accounts payable 1,116 1,990 Accrued salaries and wages 1,661 1,461 Air traffic liability 4,757 4,808 Loyalty program liability 2,033 3,193 Operating lease liabilities 1,641 1,695 Other accrued liabilities 2,300 2,055 Total current liabilities 16,308 17,560 Noncurrent liabilities Long-term debt and finance leases,net of current maturities 26,182 20,684 Pension and postretirement benefits 7,027 6,008 Loyalty program liability 7,162 5,422 Operating lease liabilities 6,739 7,388 Other liabilities 1,449 1,406 Total noncurrent liabilities 48,559 40,908 Commitments and contingencies (Note 10) Stockholder's equity Common stock,$1.00 par value;1,000 shares authorized,issued and outstanding -- Additional paid-in capital 17,050 16,903 Accumulated other comprehensive loss (7,194)(6,423) Retained earnings (deficit)(5,508)2,942 Total stockholder's equity 4,348 13,422 Total liabilities and stockholder's equity $69,215 $71,890 23 AMERICANAIRLINES,INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions) Year Ended December31, 2020 2019 2018 Operating revenues: Passenger $14,518 $42,010 $40,676 Cargo 769 863 1,013 Other 2,048 2,888 2,841 Total operating revenues 17,335 45,761 44,530 Operating expenses: Aircraft fuel and related taxes 2,581 7,526 8,053 Salaries,wages and benefits 10,955 12,600 12,240 Regional expenses 4,676 7,518 7,064 Maintenance,materials and repairs 1,583 2,380 2,050 Other rent and landing fees 1,536 2,055 1,900 Aircraft rent 1,341 1,326 1,264 Selling expenses 513 1,602 1,520 Depreciation and amortization 2,040 1,982 1,839 Special items,net (657)635 787 Other 2,991 5,090 5,090 Total operating expenses 27,559 42,714 41,807 Operating income (loss)(10,224)3,047 2,723 Nonoperating income (expense): Interest income 337 515 330 Interest expense,net (1,171)(1,109)(1,028) Other income,net 155 152 167 Total nonoperating expense,net (679)(442)(531) Income (loss)before income taxes (10,903)2,605 2,192 Income tax provision (benefit)(2,453)633 534 Net income (loss)$(8,450)$1,972 $1,658 24 American Express Travel Related Services Company,Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Travel arrangement services $25,630 $- Total $25,630 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)American Express Travel Related Services Company,Inc.provides services to PacifiCorp in the normal course of business at standard pricing. American Express Travel Related Services Company,Inc.is not a public company,and its financial statements are not available.The fmancial statements of its parent company,American Express Company, are included.For further information on the following fmancial statements,refer to American Express Company's Form 10-K for the year ended December 31,2020 (File No.001-7657)at www.sec.gov. 25 AMERICAN EXPRESS COMPANY CONSOLIDATED BALANCE SHEETS December 31 (Millions,except share data)2020 2019 Assets Cash and cash equivalents Cash and due from banks $2,984 $3,613 Interest-bearing deposits in other banks (includes securities purchased under resale agreements:2020,$92;2019,$87)29,824 20,610 Short-term investment securities (includes restricted cash of consolidated variable interest entities:2020 $47;2019,$85)157 223 Total cash and cash equivalents 32,965 24,446 Card Memberreceivables (includes gross receivables available to settle obligationsof a consolidated variable interest entity:2020,$4,296; 2019,$8,284),less reserves for credit losses:2020,$267;2019,$619 43,434 56,794 Card Member loans (includes gross loans available to settle obligations of a consolidated variable interest entity:2020,$25,908;2019, $32,230),less reserves for credit losses:2020,$5,344;2019,$2,383 68,029 84,998 Other loans,less reserves for credit losses:2020,$238;2019,$152 2,614 4,626 Investment securities 21,631 8,406 Premises and equipment,less accumulated depreciationand amortization:2020,$7,540;2019,$6,562 5,015 4,834 Other assets,less reserves for credit losses:2020,$85;2019,$27 17,679 14,217 Total assets 5 191,367 $198,321 Liabilities and Shareholders'Equity Liabilities Customer deposits S 86,875 $73,287 Accounts payable 9,444 12,738 Short-term borrowings 1,878 6,442 Long-term debt (includes debt issued by consolidated variable interest entities:2020,$12,760;2019,$19,668)42,952 57,835 Other liabilities 27,234 24,948 Total liabilities 5 168,383 $175,250 Contingencies and Commitments (Note 12) Shareholders'Equity Preferred shares,$1.662 par value,authorized 20 millionshares;issued and outstanding 1,600 shares as of December 31,2020 and 2019 (Note 16) Common shares,$0.20 par value,authorized 3.6 billion shares;issued and outstanding 805 millionshares as of December 31,2020 and 810millionsharesasofDecember31,2019 161 163 Additional paid-in capital 11,881 11,774 Retained eamings 13,837 13,871 Accumulated other comprehensive loss Net unrealizeddebt securities gains,net of tax of:2020,$20;2019,$11 65 33 Foreign currency translation adjustments,net of tax of:2020,$(381);2019,$(319)(2,229)(2,189) Net unrealizedpension and other postretirement benefits,net of tax of:2020,$(236);2019,$(208)(731)(581) Total accumulated other comprehensive loss (2,895)(2,737) Total shareholders'equity 22,984 23,071 Total liabilities and shareholders'equity 5 191,367 $198,321 26 AMERICAN EXPRESS COMPANY CONSOLIDATED STATEMENTSOF INCOME Year Ended December 31 (Millions,except per share amounts)2020 2019 2018 Revenues Non-interest revenues Discount revenue 5 20,401 $26,167 $24,721 Net card fees 4,664 4,042 3,441 Other fees and commissions 2,163 3,297 3,153 Other 874 1,430 1,360 Total non-interest revenues 28,102 34,936 32,675 Interest income Interest on loans 9,779 11,308 9,941 Interest and dividends on investment securities 127 188 118 Deposits with banks and other 177 588 547 Total interest income 10,083 12,084 10,606 Interest expense Deposits 943 1,559 1,287 Long-term debt and other 1,155 1,905 1,656 Total interest expense 2,098 3,464 2,943 Net interest income 7,985 8,620 7,663 Total revenues net of interest expense 36,087 43,556 40,338 Provisions for credit losses Card Memberreceivables 1,015 963 937 Card Member loans 3,453 2,462 2,266 Other 262 148 149 Totalprovisions for credit losses 4,730 3,573 3,352 Total revenues net of interest expense after provisions for credit losses 31,357 39,983 36,986 Expenses Marketing and business development 6,747 7,125 6,477 Card Member rewards 8,041 10,439 9,696 Card Member services 1,230 2,223 1,777 Salaries and employee benefits 5,718 5,911 5,250 Other,net 5,325 5,856 5,664 Total expenses 27,061 31,554 28,864 Pretax income 4,296 8,429 8,122 Income tax provision 1,161 1,670 1,201 Net income S 3,135 $6,759 $6,921 Earnings per Common Share-(Note 21) Basic S 3.77 $8.00 $7.93 Diluted S 3.77 $7.99 $7.91 Average common shares outstanding for earnings per common share: Basic 805 828 856 Diluted 806 830 859 (a)Represents net income less (i)earnings allocated to participating share awards of $20 million,$47 millionand $54 millionfor the years ended December 31,2020,2019 and 2018, respectively,and (ii)dividends on preferred shares of $79 million,$81 millionand $80 millionfor the years ended December 31,2020,2019 and 2018,respectively. 27 Apple Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Wholesale energy purchases $387,384 $- Total $387,384 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)Wholesale energy purchases are priced at a tariff rate on file with the Oregon Public Utility Commission. For further informationon the following financial statements,refer to Apple Inc.'s Form 10-K for the year ended September 26,2020 (File No.001-36743)at www.sec.gov. 28 Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions,except number of shares which are reflected in thousands and par value) September 26,September 28,2020 2019 ASSETS: Current assets: Cash and cash equivalents $38,016 $48,844 Marketable securities 52,927 51,713 Accounts receivable,net 16,120 22,926Inventories4,061 4,106Vendornon-trade receivables 21,325 22,878 Other current assets 11,264 12,352 Total current assets 143,713 162,819 Non-current assets: Marketable securities 100,887 105,341 Property,plant and equipment,net 36,766 37,378 Other non-current assets 42,522 32,978 Total non-current assets 180,175 175,697Totalassets$323,888 $338,516 LIABILITIES AND SHAREHOLDERS'EQUITY: Current liabilities: Accounts payable $42,296 $46,236Othercurrentliabilities42,684 37,720 Deferred revenue 6,643 5,522 Commercial paper 4,996 5,980Termdebt8,773 10,260Totalcurrentliabilities105,392 105,718 Non-current liabilities: Term debt 98,667 91,807Othernon-current liabilities 54,490 50,503Totalnon-current liabilities 153,157 142,310 Total liabilities 258,549 248,028 Commitments and contingencies Shareholders'equity: Common stock and additional paid-in capital,$0.00001 par value:50,400,000 shares authorized;16,976,763and17,772,945 shares issued and outstanding,respectively 50,779 45,174 Retained eamings 14,966 45,898Accumulatedothercomprehensiveincomel(loss)(406)(584)Total shareholders'equity 65,339 90,488 Total liabilities and shareholders'equity $323,888 $338,516 29 Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions,except number of shares which are reflected in thousands and per share amounts) Years ended September 26,September 28,September 29, 2020 2019 2018 Net sales: Products $220,747 $213,883 $225,847 Services 53,768 46,291 39,748 Total net sales 274,515 260,174 265,595 Cost of sales: Products 151,286 144,996 148,164 Services 18,273 16,786 15,592 Total cost of sales 169,559 161,782 163,756 Gross margin 104,956 98,392 101,839 Operating expenses: Research and development 18,752 16,217 14,236 Selling,general and administrative 19,916 18,245 16,705 Total operating expenses 38,668 34,462 30,941 Operating income 66,288 63,930 70,898 Other incomel(expense),net 803 1,807 2,005 Income before provision for income taxes 67,091 65,737 72,903 Provision for income taxes 9,680 10,481 13,372 Net income $57,411 $55,256 $59,531 Eamings per share: Basic $3.31 $2.99 $3.00 Diluted $3.28 $2.97 $2.98 Shares used in computing eamings per share: Basic 17,352,119 18,471,336 19,821,510 Diluted 17,528,214 18,595,651 20,000,435 30 The Bank of New York Mellon Corporation Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Trustee,custodial and lending services $202,860 $- Total $202,860 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)The Bank of New York Mellon Corporation provides trustee,custodial and lending services to PacifiCorp in the normal course of business at standard pricing. The following item is excluded from the table above: The Bank of New York Mellon Trust Company became the trustee and custodian for PacifiCorp's pension plan master trust and post-retirement health and welfare benefit plan trust during the year ended December 31,2020.Trustee fees are paid by the trusts,however the expenses flow through to PacifiCorp's net periodic benefit cost.For the year ended December 31,2020,the plans paid $38,675.99 for these trustee and custodial services. For further information on the following financial statements,refer to The Bank of New York Mellon Corporation's Form 10-K for the year ended December 31,2020 (File No.001-35651)at www.sec.gov. 31 The Bank of New York Mellon Corporation (and its subsidiaries) Consolidated Balance Sheet Dec.31, (dollars in mil/ions.exceptper share amounts)2020 2019 Assets Cash and due from banks,net of allowance for credit losses of $4 at Dec.31,2020 (a)$6,252 $4,830 Interest-bearing deposits with the Federal Reserve and other central banks 141,775 95,042 Interest-bearing deposits with banks,net of allowance for credit losses of $3 at Dec.31,2020 (includes restricted of $3,167 and $2,437)(a)17,300 14,811 Federal funds sold and securities purchased under resale agreements 30,907 30,182 Securities: Held-to-maturity,at amortized cost,net of allowance for credit losses of less than $1 at Dec.31,2020 (fair value of $49,224 and $34,805)(a)47,946 34,483 Available-for-sale.at fair value (amortized cost of $105,141 and $87,435,net of allowance for credit losses of $1 I at Dec.31,2020)(a)108,495 88,550 Total securities 156,441 123,033 Trading assets 15,272 13,571 Loans 56,469 54,953 Allowance for credit losses (a)(358)(122) Net loans 56,111 54,831 Premises and equipment 3,602 3.625 Accrued interest receivable 510 624 Goodwill 17,496 17,386 Intangible assets 3,012 3,107 Other assets,net of allowance for credit losses on accounts receivable of $4 at Dec.31,2020 (includes $522 and $419,at fair value)(a)20,468 20,221 Subtotal assets of operations 469,146 381,263 Assets of consolidated investment management funds,at fair value 487 245 Total assets $469,633 $381,508 Liabilities Deposits: Noninterest-bearing (principally U.S.offices)S 83,854 $57,630 Interest-bearing deposits in U.S.offices 133,479 101,542 Interest-bearing deposits in non-U.S.offices 124,212 100,294 Total deposits 341,545 259,466 Federal funds purchased and securities sold under repurchase agreements 11,305 11,401 Trading liabilities 6,031 4,841 Pavables to customers and broker-dealers 25,085 18,758 Commercial paper -3,959 Other borrowed fimds 350 599 Accrued taxes and other expenses 5,696 5,642 Other liabilities (including allowance for credit losses on lending-related commitments of $121 and $94,also includes $1.107 and $607,at fair value)(a)7,514 7,612 Long-term debt (includes $400 and $387,at fair value)25,984 27,501 Subtotal liabilities of operations 423,510 339,779 Liabilities of consolidated investment management funds,at fair value 3 1 Total liabilities 423,513 339,780 Temporary equity Redeemable noncontrolling interests 176 143 Permanentequity Preferred stock-par value $0.01 per share;authorized 100,000,000 shares;issued 45,826 and 35,826 shares 4,541 3,542 Common stock-par value $0.01 per share;authorized 3,500,000,000 shares;issued 1,382,306,327 and 1,374,443,376 14 14shares Additional paid-in capital 27,823 27,515 Retained earnings 34,241 31,894 Accumulated other comprehensive loss,net of tax (985)(2,638) Less:Treasury stock of495,542,796 and 473,760,338 common shares,at cost (19,833)(18,844) Total The Bank ofNew York Mellon Corporation shareholders'equity 45,801 41,483 Nonredeemable noncontrolling interests of consolidated investment management timds 143 102 Total permanent equity 45,944 41,585 Total liabilities,temporary equity and permanent equity $469,633 $381,508 (a)In 2020,we adopted new accounting guidance included in ASU 20/6-13,Financial Instrwnents -Credit Losses:Measurement of Credit Losses on Financial Instruments.See Note 2 ofthe Notes to Consolidated Financial Statements for additional information. 32 The Bank of New York Mellon Corporation (and its subsidiaries) Consolidated Income Statement Year ended Dec.31, (in millions)2020 2019 2018 Fee and other revenue Investment services fees: Asset servicing fees $4,638 $4.563 $4,608 Clearing services fees 1,716 1.648 1,616 Issuer services fees 1,092 1.130 1,099 Treasurv services fees 601 559 554 Total investment services fees 8,047 7,900 7,877 Investment management and performance fees 3,367 3,389 3,647 Foreign exchange and other trading revenue 789 654 732 Financing-related fees 212 196 207 Distribution and servicing 115 129 139 Investment and other income 184 968 240 Total fee revenue 12,714 13,236 12,842 Net securities gains (losses)33 (18)(48) Total fee and other revenue 12,747 13.218 12,794 Operations of consolidated investment management funds Investment income (loss)85 57 (12) Interest of investment management fund note holders l 1 1 Income (loss)from consolidated investment management funds 84 56 (13) Net interest revenue Interest revenue 4,109 7,548 6.432 Interest expense 1,132 4,360 2.821 Net interest revenue 2,977 3.188 3.6l1 Total revenue 15,808 16,462 16,392 Provision for credit losses (a)336 (25)(11) Noninterest expense Staff 5,966 6,063 6,145 Professional,legal and other purchased services 1,403 1,345 1,334 Software and equipment 1,370 1,222 1,062 Net occupancy 581 564 630 Sub-custodian and clearing 460 450 450 Distribution and servicing 336 374 406 Bank assessment charges 124 125 170 Business development 105 213 228 Amortization of intangible assets 104 117 180 Other 555 427 606 Total noninterest expense 11,004 10,900 11,211 Income Income before income taxes 4,468 5.587 5,192 Provision for income taxes 842 1.120 938 Net income 3,626 4.467 4,254 Net (income)loss attributable to noncontrolling interests related to consolidated investment management funds (9)(26)12 Net income applicable to shareholders of The Bank ofNew York Mellon Corporation 3,617 4,441 4,266 Preferred stock dividends (194)(169)(169) Net income applicable to common shareholders of The Bank of New York Mellon Corporation S 3,423 $4,272 $4,097 (a)Theprovision for credit losses for 2020 relates to the financial instruments within the scope ofAccounting Standards Update ("ASU") 2016-13.Financial Instruments -Credit Losses:MeasurementofCredit Losses on Financial Instruments.See Note 2 ofthe Notes to Consolidated Financial Statements for additional information. 33 The Bank of New York Mellon Corporation (and its subsidiaries) Consolidated Income Statement (continued) Net income applicable to common shareholders of The Bank of New York Mellon Corporation used for the earnings per share calculation Year ended Dec.31, (in millions)2020 2019 2018 Net income applicable to common shareholders of The Bank of New York Mellon Corporation $3,423 $4.272 $4,097 Less:Earnings allocated to participating securities 6 18 27 Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic and diluted earnings per common share $3,417 $4,254 $4,070 Average common shares and equivalents outstanding of The Bank of New York MellonCorporation Year ended Dec.31, (in thousands)2020 2019 2018 Basic 890,839 939.623 1,002,922 Common stock equivalents 2,425 5,087 6,801 Less:Participating securities (750)(1,601)(2,582) Diluted 892,514 943,109 1,007,141 Anti-dilutive securities (a)4,968 4,014 6,804 (a)Represents stock options.restricted stock.restricted stock units and participating securities outstanding but not included in the computation ofdiluted average common shares because their effect would be anti-dilutive. Earnings per share applicable to common shareholders of The Bank of New York MellonCorporation Year ended Dec.31, (in dollars)2020 2019 2018 Basic $3.84 $4.53 $4.06 Diluted $3.83 $4.5 I $4.04 34 BNSF Railway Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Rail services $28,742,050 $- Right of way fees l15,617 - Total $28,857,667 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)Rail services are based on negotiated prices under long-term contracts.Right-of-way fees are based on factors such as square footage. For further information on the following financial statements,refer to BNSF Railway Company's Consolidated Financial Statements for the year ended December 31,2020 at www.bnsf.com. 35 BNSF Railway Companyand Subsidiaries Consolidated Balance Sheets In millions December 31,December 31, 2020 2019 Assets Current assets: Cash and cash equivalents $552 $557 Accounts receivable,net 1,738 1,874 Materials and supplies 803 789 Other current assets 130 129 Total current assets 3,223 3,349 Property and equipment,net of accumulated depreciation of $13,126 and $12,065, respectively 64,878 64,343 Goodwill 14,803 14,803 Operating lease right-of-use assets 1,898 2,264 Other assets 2,793 2,723 Total assets $87,595 $87,482 Liabilities and Stockholder's Equity Current liabilities: Accounts payable and other current liabilities $3,496 $3,619 Long-term debt and finance leases due within one year 217 121 Total current liabilities 3,713 3,740 Deferred income taxes 14,688 14,430 Operating lease liabilities 1,260 1,614 Long-term debt and finance leases 949 1,l51 Casualty and environmental liabilities 451 465 Pension and retiree health and welfare liability 314 285 Other liabilities 1,334 1,287 Total liabilities 22,709 22,972 Commitments and contingencies (see Note 12) Stockholder's equity: Common stock,$1 par value,1,000 shares authorized; issued and outstanding and paid-in-capital 42,920 42,920 Retained earnings 58,921 52,655 Intercompany notes receivable (37,053)(31,210) Accumulated other comprehensive income (loss)98 145 Total stockholder's equity 64,886 64,510 Total liabilities and stockholder's equity $87,595 $87,482 36 BNSF Railway Company and Subsidiaries Consolidated Statementsof Income In millions Years ended December 31, 2020 2019 2018 Revenues $20,180 $22,745 $22,999 Operating expenses: Compensation and benefits 4,542 5,270 5,322 Depreciation and amortization 2,458 2,389 2,306 Purchased services 1,996 2,086 2,168 Fuel 1,789 2,944 3,346 Equipment rents 664 758 732 Materials and other 988 1,239 l,329 Total operating expenses 12,437 14,686 15,203 Operating income 7,743 8,059 7,796 Interest expense 37 57 5l Interest income,related parties (462)(892)(643) Other (income)expense,net (83)(229)(70) Income before income taxes 8,251 9,123 8,458 Income tax expense 1,985 2,216 2,019 Net income $6,266 $6,907 $6,439 37 The Coca-Cola Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Beverage machine services $6,913 $- Total $6,913 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)The Coca-Cola Company provides services to PacifiCorp in the normal course of business at standard pricing. For furtherinformation on the following financial statements,refer to The Coca-Cola Company's Form 10- K for the year ended December 31,2020 (File No.001-02217)at www.sec.gov. 38 THE COCA-COLA COMPANYAND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) December 31,2020 2019 ASSETS Current Assets Cash and cash equivalents $6,795 $6,480 Short-term investments 1,771 1,467 Total Cash,Cash Equivalents and Short-Term Investments 8,566 7,947 Marketable securities 2,348 3,228 Trade accounts receivable,less allowancesof $526 and $524,respectively 3,144 3,971 Inventories 3,266 3,379 Prepaid expenses and other assets 1,916 1,886 Total Current Assets 19,240 20,411 Equity method investments 19,273 19,025 Other investments 812 854 Other assets 6,184 6,075 Deferred income tax assets 2,460 2,412 Property,plant and equipment-net 10,777 10,838 Trademarks with indefinite lives 10,395 9,266 Goodwill 17,506 16,764 Other intangible assets 649 736 Total Assets $87,296 $86,381 LIABILITIES AND EQUITY Current Liabilities Accounts payable and accrued expenses $11,145 $11,312 Loans and notes payable 2,183 10,994 Current maturities of long-term debt 485 4,253 Accrued income taxes 788 414 Total Current Liabilities 14,601 26,973 Long-term debt 40,125 27,516 Other liabilities 9,453 8,510 Deferred income tax liabilities 1,833 2,284 The Coca-Cola Company Shareowners'Equity Common stock,$0.25 par value;authorized -11,200 shares;issued -7,040 shares 1,760 1,760 Capital surplus 17,601 17,154 Reinvested earnings 66,555 65,855 Accumulated other comprehensive income (loss)(14,601)(13,544) Treasury stock,at cost -2,738 and 2,760 shares,respectively (52,016)(52,244) Equity Attributable to Shareowners of The Coca-Cola Company 19,299 18,981 Equity attributable to noncontrolling interests 1,985 2,117 Total Equity 21,284 21,098 Total Liabilities and Equity $87,296 $86,381 39 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTSOF INCOME (In millionsexcept per share data) Year EndedDecember31,2020 2019 2018 Net Operating Revenues S 33,014 $37,266 $34,300 Cost of goods sold 13,433 14,619 13,067 Gross Profit 19,581 22,647 21,233 Selling,general and administrative expenses 9,731 12,103 11,002 Other operating charges 853 458 1,079 Operating Income 8,997 10,086 9,152 Interest income 370 563 689 Interest expense 1,437 946 950 Equity income (loss)-net 978 1,049 1,008 Other income (Ioss)-net 841 34 (1,674) Income Before Income Taxes 9,749 10,786 8,225 Income taxes 1,981 1,801 1,749 Consolidated Net Income 7,768 8,985 6,476 Less:Net income (loss)attributable to noncontrolling interests 21 65 42 Net Income Attributable to Shareowners of The Coca-Cola Company $7,747 $8,920 $6,434 Basic Net Income Per Sharet $1.80 $2.09 $1.51 Diluted Net Income Per Sharet $1.79 $2.07 $1.50 Average Shares Outstanding -Basic 4,295 4,276 4,259 Effect of dilutive securities 28 38 40 Average Shares Outstanding -Diluted 4,323 4,314 4,299 Calculated based on net income attributable to shareowners of The Coca-Cola Company. 40 Delta Air Lines,Inc. Affiliated Transactions For the Period from January 1,2020 to May 7,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Travel services $470,671 $- Total $470,671 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs (b)N/A Assets allocable to the services (b)N/A The overall rate of return on assets (b)N/A (a)During the second quarter of 2020,Berkshire Hathaway's ownership interest in Delta Air Lines,Inc.decreased to less than 5%of Delta Air Lines,Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and Delta Air Lines,Inc.that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the U.S.Securities and Exchange Commission of the disposition of beneficial ownership of securities). (b)Delta Air Lines,Inc.provides services to PacifiCorp in the normal course of business at standard pricing. For furtherinformation on the following financial statements,refer to Delta Air Lines,Inc.Form 10-K for the year ended December 31,2020 (File No.001-5424)at www.sec.gov. 41 DELTA AIR LINES,INC. Consolidated Balance Sheets December 31, (in millions,except share data)2020 2019 ASSETS Current Assets: Cash and cash equivalents $8,307 $2,882 Short-term investments 5,789 - Accounts receivable,net of an allowance for uncollectible accounts of $89 and $13 as of 2020 and 2019,respectively 1,396 2,854 Fuel inventory 377 730 Expendable parts and supplies inventories,net of an allowance for obsolescence of $188 and $82 as of2020 and 2019, respectively 355 521 Prepaid expenses and other 1,180 1,262 Total current assets 17,404 8,249 Noncurrent Assets: Property and equipment,net of accumulated depreciation and amortization of $17,511 and $17,027 as of2020 and 2019,respectively 26,529 31,310 Operating lease right-of-use assets 5,733 5,627 Goodwill 9,753 9,781 Identifiable intangibles,net of accumulated amortization of $883 and $873 as of 2020 and 2019,respectively 6,011 5,163 Cash restricted for airport construction 1,556 636 Equity investments 1,665 2,568 Deferred income taxes,net 1,988 120 Other noncurrent assets 1,357 1,078 Total noncurrent assets 54,592 56,283 Total assets $71,996 $64,532 LIABILITIES AND STOCKHOLDERS'EQUITY Current Liabilities: Current maturities of debt and finance leases $1,732 $2,287 Current maturities of operating leases 678 801 Air traffic liability 4,044 5,l16 Accounts payable 2,840 3,266 Accrued salaries and related benefits 2,086 3,701 Loyalty program deferred revenue 1,777 3,219 Fuel card obligation 1,100 736 Other accrued liabilities 1,670 1,078 Total current liabilities 15,927 20,204 Noncurrent Liabilities: Debt and finance leases 27,425 8,873 Noncurrent air traffic liability 500 - Pension.postretirement and related benefits 10,630 8,452 Loyalty program deferred revenue 5,405 3,509 Noncurrent operating leases 5,713 5,294 Deferred income taxes,net -1,456 Other noncurrent liabilities 4,862 1,386 Total noncurrent liabilities 54,535 28,970 Commitmentsand Contingencies Stockholders'Equity: Common stock at $0.0001 par value;1,500,000,000 shares authorized,647,352,203 and 651,731,443 shares issued asof2020and2019,respectively Additional paid-in capital 11,259 11,129 Retained earnings/(deficit)(428)12,454 Accumulated other comprehensive loss (9,038)(7,989) Treasury stock,at cost,9,169,683 and 8,959,730 shares as of 2020 and 2019,respectively (259)(236) Total stockholders'equity 1,534 15,358 Total liabilities and stockholders'equity $71,996 $64,532 42 DELTA AIR LINES,INC. ConsolidatedStatements of Operations Year Ended December 31, (in millions,except per share data)2020 2019 2018 Operating Revenue: Passenger $12,883 $42,277 $39,755 Cargo 608 753 865 Other 3,604 3,977 3,818 Total operating revenue 17,095 47,007 44,438 Operating Expense: Salaries and related costs 8,754 11,225 10,743 Aircraft fuel and related taxes 3,176 8,519 9,020 Regional carriers expense,excluding fuel 2,479 3,584 3,438 Depreciation and amortization 2,312 2,581 2,329 Ancillary businesses and refinery 1,785 1,245 1,695 Contracted services 1,778 2,641 2,175 Landing fees and other rents 1,518 1,762 l,662 Aircraft maintenance materials and outside repairs 822 1,751 1,575 Passenger commissions and other selling expenses 582 1,993 1,941 Passenger service 523 1,251 1,178 Aircraft rent 399 423 394 Restructuring charges 8,219 - Government grant recognition (3,946)-- Profit sharing -1,643 1,301 Other 1,163 1,771 1,723 Total operating expense 29,564 40,389 39,174 Operating (Loss)/Income (12,469)6,618 5,264 Non-Operating Expense: Interest expense,net (929)(301)(311) Impairments and equity method losses (2,432)(62)(60) Gain/(loss)on investments,net (105)119 38 Miscellaneous,net 348 (176)220 Total non-operating expense,net (3,ll 8)(420)(ll 3) (Loss)/Income Before Income Taxes (15,587)6,198 5,151 Income Tax Benefit/(Provision)3,202 (1,431)(1,216) Net (Loss)/Income $(12,385)$4,767 $3,935 Basic (Loss)/Earnings Per Share $(19.49)$7.32 $5.69 Diluted (Loss)/Earnings Per Share $(19.49)$7.30 $5.67 Cash Dividends Declared Per Share $0.40 $l.51 $1.31 43 Environment One Corporation Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Equipment parts $12,861 $- Total $12,861 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)Environment One provides services to PacifiCorp in the normal course of business at standard pricing. Environment One is not a public company,and its financial statements are not available. 44 FlightSafety International Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Aviationtraining $91,206 $- Total $91,206 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)FlightSafety International Inc.provides services to PacifiCorp in the normal course of business at standard pricing. FlightSafety International Inc.is not a public company,and its financial statements are not available. 45 Global Healthcare Product Solutions,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Hand sanitizer $24,628 $- Total $24,628 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overallrate of return on assets (a)N/A (a)Global Healthcare Product Solutions,LLC provides services to PacifiCorp in the normal course of business at standard pricing. Global Healthcare Product Solutions,LLC is not a public company,and its financial statements are not available.The financial statements of its parent company,BYD Company Limited,are included.BYD Company Limited is a publicly traded company on The Stock Exchange of Hong Kong Ltd and the Shenzhen Stock Exchange. 46 Consolidated Statement of Financial Position 31 Decernber 2020T=T4+=Jl¯¯†-8 2020 2019 RMB'000 RMB'000 NON-CURRENT ASSETS GRABAR Property,plant and equipment R ,fl¾ÐRR$i 58,201,882 55,296,009 investment properties RWWJ¾94,217 96,902 Right-of-use assets (RERR 7,527,852 7,241,013Goodwillißi65,914 65,914 Other intangible assets 10,107,776 11,887,635 Prepayments,other receivables and RNRM X¾$RER 2,670,118 5,303,154 other assets RR¾¾¾ Long-term receivables RM¾‡¾¾1,804,913 1,240,340 investments in joint ventures N RR 4,442,807 3,105,145 Investments in associates R RR 1,022,781 955,030 Equity investments at fair value through JX ft¾$†RË$†A 1,420,080 1,922,304 other comprehensive income MMARM MRR Other non-current financial assets R $$$¾)&¾¾284,896 46,608DeferredtaxassetsRiilißld¾¾1,768,975 1,514,934 Total non-current assets $$¾¾J¾¾$$89,412,211 88,674,988 CURRENT ASSETS $¾¾¾Inventories #¾31,396,358 25,571,564 Contract assets AW]¾¾5,346,105 6,986,619 Trade receivables MRWWER 39,307,896 40,134,545TradereceivablefinancingRRAMBR8,862,340 7,009,379 Prepayments,other receivables and RifR -X¾$ER 5,911,685 6,078,455 other assets RK W¾Due from joint ventures and associates MRA OWR RW 3,434,820 5,135,699Completedpropertyheldforsale‡#f ERI R 2,900,852 3,365,916 Derivative financial instruments fië kWIA 24 34,345 Pledged deposits E‡gi?¾¾429,041 837,921 Restricted bank deposits Š¶$l]¾f;¾R 277,491 137,865 Cash and cash equivalents WARWRWW 13,738,498 11,674,297 Total current assets 9,(il 111,605,110 106,966,605 CURRENT LIABILITIES ABAR Trade and bills payables gigWERRRW$49,791,630 35,340,662 Other payables and accruals R $14¶¶&¾$†¾¾15,536,057 10,648,738 Lease liabilities 81%¾168,507 219,040 Derivative financial instruments $ÏŒk lIA 57,541 34,307AdvancesfromcustomersÑ&PER 7,500 2,000 Contract liabilities &[i¶¾¾8,185,888 4,502,139 Interest-bearing bank and other borrowings î†,T&¾¾¾R 27,644,643 54,061,858 Due to joint ventures and associates $44 KR ROWWW 2,398,177 1,025,545 Due to other related parties $14 MMWZikW 137,566 110,857 Tax payable Rí4 ,R 564,498 259,607 Provision 191 1,938,689 1,824,194 Total current liabilities 2 A Mg¾¾106,430,696 108,028,947 NET CURRENT ASSETS(LIABILITIES)RERA (AR)WM 5,174,414 (1,062,342) 47 Consolidated Statement of Financial Position 31 December 2020 2020 2019 RMB'000 RMB'000 TOTAL ASSETS LESS CURRENT LIABILITIES RRRŒ¾¾¾¾Œ 94,586,625 87,612,646 NON-CURRENT LIABILITIES $$BAR Interest-bearing bank and other borrowings fit,TAR R 23,625,954 21,916,487 Lease liabilities WRA 843,286 548,680 Deferred tax liabilities RK RAR 393,150 102,864 Deferred income HERÀ 2,269,176 2,232,101 Other liabilities RMAE 3,001,147 211,094 Total non-current liabilities $$$¾30,132,713 25,011,226 Net assets Kii§64,453,912 62,601,420 EQUITY MM Equity attributable to owners of the parent 525]ARGiMM Share capital R*2,728,143 2,728,143 Reserves 53,051,539 49,639.554 Perpetual loans àßli¾1,094,592 4,394,592 56,874,274 56,762,289 Non-controlling interests #RRR Ë 7,579,638 5,839,131 Total equity RAMM 64,453,912 62,601,420 48 Consolidated Statement of Profit or Loss Year ended 31 December 2020 2020 2019 RMB'000 RMB'000 REVENUE WA 153,469,184 121,778,117 Cost of sales MWR*(126,225,593)(103,702,124) Gross profit €†l]27,243,591 18,075,993 Other income and gains RRRA&&Ë 1,700,078 1,974,950 Government grants and subsidies R}(f¾f)]RWÑi 1,688,142 1,707,657 Selling and distribution expenses M ROMR*(5,055,613)(4,345,897) Research and development costs fiñ¾¾¾¾R*(7,464,861)(5,629,372) Administrative expenses BARR (4,395,630)(4,232,316) Impairment losses on financial and ARR (1,166,268)(477,031) contract assets X(il Loss on disposal of financial assets measured ARN ti (299,523)(519,134) at amortised cost AM R Other expenses A Ek (2,056,691)(213,536) Finance costs BRR*(3,123,801)(3,487,407) Share of profits and losses of:ORMF1]R Íji : Joint ventures A SW (198,955)(435,311) Associates ©R 12,118 12,535 PROFIT BEFORE TAX lŠ¾¾¾R 6,882,587 2,431,131 Income tax expense WTWRMA (868,624)(312,274) PROFIT FOR THE YEAR $Ê¾¾6,013,963 2,118,857 Attributable to:$8 : Owners of the parent 42%ÍjlißA 4,234,267 1,614,450 Non-controllinginterests $ÍÊR‡Ê¾1,779,696 504,407 6,013,963 2,118,857 EARNINGS PER SHARE ATTRIBUTABLE TO güül ggR ORDINARY EQUITY HOLDERS OF AMRF#A THE PARENT $¾¾RE Basic and diluted &*RW¾ -For profit for the year -4&¾¾RMB RMB AR 1.47 0.50¯ 49 J.Aron &Company LLC Affiliated Transactions For the Period from January 1,2020 to February 14,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Financial transactions related to energy hedging activity (b)$2,630,800 $- Interest earned to (130,568)- Total $2,500,232 $- Basis of pricing See discussion below N/A Cost of service See discussion below N/A The margin of charges over costs See discussion below N/A Assets allocable to the services See discussion below N/A The overall rate of return on assets See discussion below N/A (a)During the first quarter of 2020,Berkshire Hathaway's ownership interest in The Goldman Sachs Group,Inc.decreased to less than 5%of The Goldman Sachs Group,Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and The Goldman Sachs Group,Inc.that occurred between January 1,2020 and February 14,2020 (the date Berkshire Hathaway filed its Schedule 13G with the U.S.Securities and Exchange Commission,and its decreased ownership of The Goldman Sachs Group,Inc.became known). (b)Represents the financial impact realized on natural gas swaps during the period ended February 29,2020.In conjunction with these swap arrangements,PacifiCorp had posted $51,500,000 of collateral at J.Aron &Company LLC at February 29,2020.Please refer to further discussion below. (c)Represents interest earned on collateral posted during the period ended February 29,2020 in conjunction with the natural gas swaps discussed in (b)above. The costs incurred with J.Aron &Company LLC for the natural gas swaps included above are only one component of PacifiCorp's overall risk managementprocess that is designed to identify,manage and report each of the various types of risk involved in PacifiCorp's business,including commodity price risk.PacifiCorp is principally exposed to commodity price risk as PacitiCorp has an obligation to serve retail customer load in its service territories.Exposures to commodity prices consist mainly of variations in the price of fliel required to generate electricity and wholesale electricity that is purchased and sold.Commodity prices are subject to wide price swings as supply and demand are impacted by,among many other unpredictable items,weather,market liquidity,generating facility availability, customer usage,storage,and transmission and transportation constraints.To mitigate a portion of its commodity price risk,PacifiCorp uses commodity derivative contracts,which may include forwards,options,swaps and other agreements.For further information regarding PacifiCorp's risk managementprocess and hedging activities,including its use of commodity derivative contracts,please refer to PacifiCorp's Annual Report on Form 10-K for the year ended December 31,2020. J.Aron &Company LLC is not a public company,and its financial statements are not available.The financial statements of its parent company,The Goldman Sachs Group,Inc.,are included.For further informationon the following financial statements,refer to The Goldman Sachs Group,Inc.'s Form 10-K for the year ended December 31,2020 (File No.001-14965)at www.sec.gov. THE GOLDMAN SACHS GROUP,INC.AND SUBSIDIARIESConsolidatedBalanceSheets As of Decernber $inmillions 2020 2019 Assets Cash and cash equivalents $155,842 $133,546Collateralizedagreements: Securities purchased under agreements to resell (at fair value)108,060 85,691Securitiesborrowed(includes $28,898 and $26,279 at fair value)142,160 136,071Customerandotherreceivables(includes $82 and $53 at fair value)121,331 74,605Tradingassets(at fair value and includes $69,031 and $66,605 pledged as collateral)393,630 355,332Investments(includes $82,778 and $57,827 at fair value,and $13,375 and $10,968 pledged as collateral)88,445 63,937 Loans (net of allowance of $3,874 and $1,441,and includes $13,625 and $14,386 at fair value)116,115 108,904Otherassets37,445 34,882 Total assets $1,163,028 $992,968 Liabilities and shareholders'equity Deposits (includes $16,176 and $17,765 at fair value)$259,962 $190,019Collateralizedfinancings: Securities sold under agreements to repurchase (at fair value)126,571 117,756Securitiesloaned(includes $1,053 and $714 at fair value)21,621 14,985Othersecuredfinancings(includes $24,126 and $18,071 at fair value)25,755 19,277Customerandotherpayables190,658 174,817Tradingliabilities(at fair value)153,727 108,835Unsecuredshort-term borrowings (includes $26,750 and $26,007 at fair value)52,870 48,287Unsecuredlong-term borrowings (includes $40,911 and $43,661 at fair value)213,481 207,076Otherliabilities(includes $263 and $150 at fair value)22,451 21,651 Total liabilities 1,067,096 902,703 Commitments,contingencies and guarantees Shareholders'equity Preferred stock;aggregate liquidation preference of $11,203 and $11,203 11,203 11,203Commonstock;901,692,039 and 896,782,650 shares issued,and 344,088,725 and 347,343,184 shares outstanding 9 9Share-based awards 3,468 3,195Nonvotingcommonstock;no shares issued and outstanding - Additional paid-in capital 55,679 54,883Retainedearnings112,947 106,465Accumulatedothercomprehensiveloss(1,434)(1,484)Stock held in treasury,at cost;557,603,316 and 549,439,468 shares (85,940)(84,006) Total shareholders'equity 95,932 90,265 Total liabilities and shareholders'equity $1,163,028 $992,968 51 THE GOLDMAN SACHS GROUP,INC.AND SUBSIDIARIES Consolidated Statements of Earnings Year Ended Decernber in millions,except per share amounts 2020 2019 2018 Revenues Investment banking $9,141 $6,798 $7,430 Investment management 6,923 6,189 6,590 Commissions and fees 3,548 2,988 3,199 Market making 15,546 10,157 9,724 Other principal transactions 4,651 6,052 5,906 Total non-interest revenues 39,809 32,184 32,849 Interest income 13,689 21,738 19,679 interest expense 8,938 17,376 15,912 Net interest income 4,751 4,362 3,767 Total net revenues 44,560 36,546 36,616 Provision for credit losses 3,098 1,065 674 Operating expenses Compensation and benefits 13,309 12,353 12,328 Transaction based 4,141 3,513 3,492 Market development 401 739 740 Communications and technology 1,347 1,167 1,023 Depreciation and amortization 1,902 1,704 1,328 Occupancy 960 1,029 809 Professional fees 1,306 1,316 1,214 Other expenses 5,617 3,077 2,527 Total operating expenses 28,983 24,898 23,461 Pre-tax earnings 12,479 10,583 12,481 Provision for taxes 3,020 2,117 2,022 Net earnings 9,459 8,466 10,459 Preferred stock dividends 544 569 599 Net earnings applicable to common shareholders $8,915 $7,897 $9,860 Earnings per common share Basic $24.94 $21.18 $25.53 Diluted $24.74 $21.03 $25.27 Average common shares Basic 356.4 371.6 385.4 Diluted 360.3 375.5 390.2 52 Marmon Utility LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Materials $3,290,593 $- Total $3,290,593 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)Marmon Utility LLC provides services to PacifiCorp in the normal course of business at standard pricing. Marmon UtilityLLC is not a public company,and its financial statements are not available. 53 Moody's Investors Service Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Credit rating services $529,652 $- Total $529,652 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)Moody's Investors Service provides services to PacifiCorp in the normal course of business at standard pricing. Moody's Investors Service is not a public company,and its financial statements are not available.The financial statements of its parent company,Moody's Corporation,are included.For further information on the following financial statements,refer to Moody's Corporation's Form 10-K for the year ended December 31,2020 (File No.00 l -14037)at www.sec.gov. 54 MOODY'S CORPORATION CONSOLIDATED BALANCESHEETS (Amounts in millions,except share and per share data) December 31, 2020 2019 ASSETS Current assets: Cash and cash equivalents $2,597 $1,832 Short-term investments 99 98 Accounts receivable,net of allowances for credit losses of $34 in 2020 and $20 in 2019 1,430 1,419 Other current assets 383 330 Total current assets 4,509 3,679 Property and equipment,net 278 292 Operating lease right-of-use assets 393 456 Goodwill 4,556 3,722 Intangible assets,net 1,824 1,498 Deferred tax assets,net 334 229 Other assets 515 389 Total assets $12,409 $10,265 LIABILITIES,REDEEMABLENONCONTROLLINGINTERESTAND SHAREHOLDERS'EQUITY Current liabilities: Accounts payable and accrued liabilities $1,039 $773 Current portion of operating lease liabilities 94 89 Deferred revenue 1,089 1,050 Total current liabilities 2,222 1,912 Non-current portion of deferred revenue 98 112 Long-term debt 6,422 5,581 Deferred tax liabilities,net 404 357 Uncertain tax positions 483 477 Operating lease liabilities 427 485 Other liabilities 590 504 Total liabilities 10,646 9,428 Contingencies (Note 21) Redeemable noncontrolling interest -6 Shareholders'equity: Preferred stock,par value $.01 per share;10,000,000 shares authorized;no shares issued and outstanding --- Series common stock,par value $.01 per share;10,000,000 shares authorized;no shares issued and outstanding - Common stock,par value $.01 per share;1,000,000,000 shares authorized;342,902,272 shares issued at December 31,2020 and December 31,2019,respectively.3 3 Capital surplus 735 642 Retained earnings 11,011 9,656 Treasury stock,at cost;155,808,563 and 155,215,143 shares of common stock at December 31,2020 and December 31, 2019,respectively (9,748)(9,250) Accumulated other comprehensive loss (432)(439) Total Moody's shareholders'equity 1,569 612 Noncontrolling interests 194 219 Total shareholders'equity 1,763 831 Total liabilities,redeemable noncontrolling interest and shareholders'equity $12,409 $10,265 55 MOODY'S CORPORATION CONSOLIDATED STATEMENTSOF OPERATIONS (Amounts in millions,exceptper share data) Year Ended December 31, 2020 2019 2018 Revenue $5,371 $4,829 $4,443 Expenses Operating 1,475 1,387 1,246 Selling,general and administrative 1,229 1,167 1,080 Restructuring 50 60 49 Depreciation and amortization 220 200 192 Acquisition-Related Expenses -3 8 Loss pursuant to the divestiture of MAKS 9 14 - Total expenses 2,983 2,831 2,575 Operating income 2,388 1,998 1,868 Non-operating (expense)income,net Interest expense,net (205)(208)(215) Other non-operating income,net 46 20 19 Non-operating (expense)income,net (159)(188)(196) Income before provision for income taxes 2,229 1,810 1,672 Provision for income taxes 452 381 352 Net income 1,777 1,429 1,320 Less:Net (loss)income attributable to noncontrolling interests (1)7 10 Net income attributable to Moody's $1,778 $1,422 $1,310 Earnings per share Basic $9.48 $7.51 $6.84 Diluted $9.39 $7.42 $6.74 Weighted average shares outstanding Basic 187.6 189.3 191.6 Diluted 189.3 191.6 194.4 56 Parts and Service Solutions LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Protective masks $31,131 $- Total $31,131 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)Parts and Service Solutions LLC provides services to PacifiCorp in the normal course of business at standard pricing. Parts and Service Solutions LLC is a subsidiary of Pilot Company.Pilot Company is not a public company, and its financial statements are not available. 57 Southwest Airlines Co. Affiliated Transactions For the Period from January 1,2020 to May 7,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Travelservices $21,045 $- Total $21,045 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs (b)N/A Assets allocable to the services (b)N/A The overallrate of return on assets (b)N/A (a)During the second quarter of2020,Berkshire Hathaway's ownership interest in Southwest Airlines Co.decreased to less than 5% of Southwest Airlines Co.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and Southwest Airlines Co.that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the U.S.Securities and Exchange Commission of the disposition of beneficial ownership of securities). (b)Southwest Airlines Co.provides services to PacifiCorp in the normal course of business at standard pricing. For further information on the following financial statements,refer to Southwest Airlines Co.Form 10-K for the year ended December 31,2020 (File No.001-7259)at www.sec.gov. 58 Southwest Airlines Co. Consolidated Balance Sheet (in millions,except share data) December 31,2020 December 31,2019 ASSETS Current assets: Cash and cash equivalents $11,063 $2,548 Short-term investments 2,271 1,524 Accounts and other receivables 1,130 1,086 Inventories of parts and supplies,at cost 414 529 Prepaid expenses and other current assets 295 287 Total current assets 15,173 5,974 Property and equipment,at cost: Flight equipment 20,877 21,629 Ground property and equipment 6,083 5,672 Deposits on flight equipment purchase contracts 305 248 Assets constructed for others 309 164 27,574 27,713 Less allowance for depreciation and amortization 11,743 10,688 15,831 17,025 Goodwill 970 970 Operating lease right-of-use assets 1,892 1,349 Other assets 722 577 $34,588 $25,895 LIABILITIES AND STOCKHOLDERS'EQUITY Current liabilities: Accounts payable $931 $1,574 Accrued liabilities 2,259 1,749 Current operating lease liabilities 306 353 Air traffic liability 3,790 4,457 Current maturities of long-term debt 220 819 Total current liabilities 7,506 8,952 Long-term debt less current maturities 10,111 1,846 Air traffic liability -noncurrent 3,343 1,053 Deferred income taxes 1,634 2,364 Construction obligation 309 164 Noncurrent operating lease liabilities 1,562 978 Other noncurrent liabilities 1,247 706 Stockholders'equity: Common stock,$1.00 par value:2.000,000,000 shares authorized;888,111,634 and 807,611,634 shares issued in 2020 and 2019 respectively 888 808 Capital in excess of par value 4,191 1,581 Retained earnings 14,777 17,945 Accumulated other comprehensive loss (105)(61) Treasury stock,at cost:297,637,297 and 288,547,318 shares in 2020 and 2019 respectively (10,875)(10,441) Total stockholders'equity 8,876 9,832 $34 588 $25,895 59 Southwest Airlines Co. Consolidated Statement of Income (Loss) (in millions,except per share amounts) Year ended December 31, 2020 2019 2018 OPERATING REVENUES: Passenger $7,665 $20,776 $20,455 Freight 161 172 175 Other 1,222 1,480 1,335 Total operating revenues 9,048 22.428 21,965 OPERATING EXPENSES,NET: Salaries,wages.and benefits 6,811 8,293 7,649 Payroll support and voluntary Employee programs,net (967)- Fuel and oil 1,849 4,347 4,616 Maintenance materials and repairs 750 1,223 1,107 Landing fees and airport rentals 1,240 1,363 1,334 Depreciation and amortization 1,255 1.219 1,201 Other operating expenses 1,926 3,026 2,852 Total operating expenses,net 12,864 19,471 18,759 OPERATING INCOME (LOSS)(3,816)2.957 3,206 OTHER EXPENSES (INCOME): Interest expense 349 118 131 Capitalized interest (35)(36)(38) Interest income (32)(90)(69) Other (gains)losses,net 158 8 18 Total other expenses (income)440 -42 INCOME (LOSS)BEFORE INCOME TAXES (4,256)2,957 3,164 PROVISION (BENEFIT)FOR INCOME TAXES (1,182)657 699 NET INCOME (LOSS)$(3,074)$2,300 $2,465 NET INCOME (LOSS)PER SHARE,BASIC $(5.44)$4.28 $4.30 NET INCOME (LOSS)PER SHARE,DILUTED $(5.44)$4.27 $4.29 60 U.S.Bancorp Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services ProvidedServices Underwritingservices (0 $868,000 $- Banking and lending serviceS (b)373,352 - Total $1,241,352 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs (b)N/A Assets allocable to the services (b)N/A The overallrate of return on assets (b)N/A (a)Represents a percentage of underwriting discount costs,excluding any expenses incurred by PacifiCorp in connection with a debt offering. (b)U.S.Bancorp provides banking and lending services to PacifiCorp in the normal course of business at standard pricing for certain transactions and at negotiated rates below standard pricing for certain transactions. For further information on the following financial statements,refer to U.S.Bancorp's Form 10-K for the year ended December 31,2020 (File No.001-6880)at www.sec.gov 61 U.S.Bancorp Consolidated Balance Sheet At December 31 (Dollars in Millions)2020 2019 Assets Cash and due from banks $62,580 $22,405 Available-for-sale investment securities ($402 and $269 pledged as collateral,respectively)(a)138,840 122,613 Loans held for sale (including $8,524 and $5,533 of mortgage loans carried at fair value,respectively)8,781 5,578 Loans Commercial 102,871 103,863 Commercial real estate 39,311 39,746 Residential mortgages 76,155 70,586 Credit card 22,346 24,789 Other retail 57,024 57,118 Total loans 297,707 296,102 Less allowancefor loan losses (7,314)(4,020) Net loans 290,393 292,082 Premises and equipment 3,468 3,702 Goodwill 9,918 9,655 Other intangible assets 2,864 3,223 Other assets (including $1,255 and $951 of trading securities at fair value pledged as collateral,respectively)(a)39,081 36,168 Total assets $553,905 $495,426 Liabilities and Shareholders'Equity Deposits Noninterest-bearing $118,089 $75,590Interest-bearing(b)311,681 286,326 Total deposits 429,770 361,916 Short-term borrowings 11,766 23,723 Long-term debt 41,297 40,167 Other liabilities 17,347 17,137 Total liabilities 500,180 442,943 Shareholders'equity Preferred stock 5,983 5,984 Common stock,par value $0.01 a share --authorized:4,000,000,000 shares,issued:2020 and 2019 -2,125,725,742 shares 21 21 Capital surplus 8,511 8,475 Retained earnings 64,188 63,186 Less cost of common stock in treasury:2020 -618,618,084 shares;2019 -591,570,506 shares (25,930)(24,440) Accumulated other comprehensive income (loss)322 (1,373) Total U.S.Bancorp shareholders'equity 53,095 61,853 Noncontrolling interests 630 630 Total equity 53,725 52,483 Total liabilities and equity $553,905 $495,426 (a)Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral. (b)Includes tirne deposits greater than $250,000 balances of $4.4 billion and 57.8 billion at Decernber 31,2020 and 2019,respectively 62 U.S.Bancorp Consolidated Statement of Income Year Ended December 31 (Dollars and Shares in Millions,Except Per Share Data)2020 2019 2018 Interest Income Loans $12,018 $14,099 $13,120 Loans held for sale 216 162 165 Investment securities 2,428 2,893 2,616 Other interest income 178 340 272 Total interest income 14,840 17,494 16,173 Interest Expense Deposits 950 2,855 1,869 Short-term borrowings 141 360 378 Long-term debt 924 1,227 1,007 Total interest expense 2,015 4,442 3,254 Net interest income 12,825 13,052 12,919 Provision for credit losses 3,806 1,504 1,379 Net interest income after provision for credit losses 9,019 11,548 11,540 Noninterest Income Credit and debit card revenue 1,338 1,413 1,401 Corporate payment products revenue 497 684 644 Merchant processing services 1,261 1,601 1,531 Trust and investment management fees 1,736 1,673 1,619 Deposit service charges 677 909 1,070 Treasury management fees 568 578 594 Commercial products revenue 1,143 934 895 Mortgage banking revenue 2,064 874 720 Investment products fees 192 186 188 Securities gains (losses),net 177 73 30 Other 748 926 910 Total noninterest income 10,401 9,831 9,602 Noninterest Expense Compensation 6,636 6,325 6,162 Employee benefits 1,303 1,286 1,231 Net occupancy and equipment 1,092 1,123 1,063 Professional services 430 454 407 Marketing and business development 318 426 429 Technology and communications 1,294 1,095 978 Postage,printing and supplies 288 290 324 Other intangibles 176 168 161 Other 1,833 1,618 1,709 Total noninterest expense 13,369 12,785 12,464 Income before income taxes 6,051 8,594 8,678 Applicable income taxes 1,066 1,648 1,554 Net income 4,985 6,946 7,124 Net (income)loss attributable to noncontrolling interests (26)(32)(28) Net income attributable to U.S.Bancorp $4,959 $6,914 $7,096 Net income applicable to U.S.Bancorp common shareholders $4,621 $6,583 $6,784 Earnings per common share $3.06 $4.16 $4.15 Diluted eamings per common share $3.06 $4.16 $4.14 Average common shares outstanding 1,509 1,581 1,634 Average diluted common shares outstanding 1,510 1,583 1,638 63 United Airlines,Inc. Affiliated Transactions For the Period from January 1,2020 to May 7,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Travelservices $43,392 $- Total $43,392 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs (b)N/A Assets allocable to the services (b)N/A The overall rate of return on assets (b)N/A (a)During the second quarter of 2020,Berkshire Hathaway's ownership interest in United Airlines Holdings,Inc.decreased to less than 5%of United Airlines Holdings,Inc.'s outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and United Airlines Holdings,Inc.that occurred between January 1,2020 and May 7,2020 (the date Berkshire Hathaway filed Schedule 13G informing the U.S.Securities and Exchange Commission of the disposition of beneficial ownership of securities). (b)United Airlines,Inc.provides services to PacifiCorp in the normal course of business at standard pricing. For further information on the following financial statements,refer to United Airline,Inc.Form 10-K for the year ended December 31,2020 (File No.001-0323)at www.sec.gov. 64 UNITED AIRLINES HOLDINGS,INC. CONSOLIDATED BALANCE SHEETS (In millions,except shares) At December 31, ASSETS 2020 2019 Current assets: Cash and cash equivalents $11,269 $2,762 Short-term investments 414 2,182 Restricted cash 255 - Receivables,less allowance for credit losses (2020-$78;2019-$9)1,295 1,364 Aircraft fuel,spare parts and supplies,less obsolescence allowance (2020-$478;2019-$425)932 1,072 Prepaid expenses and other 635 814 Total current assets 14,800 8,194 Operating property and equipment: Flight equipment 38,218 35,421 Other property and equipment 8,511 7,926 Purchase deposits for flight equipment 1,166 1,360 Total operating property and equipment 47,895 44,707 Less-Accumulated depreciation and amortization (16,429)(14,537) Total operating property and equipment,net 31,466 30,170 Operating lease right-of-use assets 4,537 4,758 Other assets: Goodwill 4,527 4,523 Intangibles,less accumulated amortization (2020-$1,495;2019-$1,440)2,838 3,009 Restricted cash 218 106 Deferred income taxes 131 - Notes receivable,less allowance for credit losses (2020-$522)31 671 Investments in affiliates and other,net 1,000 1,180 Total other assets 8,745 9,489 Total assets $59,548 $52,611 (continued on next page) 65 UNITED AIRLINES HOLDINGS,INC. CONSOLIDATED BALANCE SHEETS (In millions,except shares) At December 31, LIABILITIES AND STOCKHOLDERS'EQUITY 2020 2019 Current liabilities: Accounts payable $1,595 $2,703 Accrued salaries and benefits 1,960 2,271 Advance ticket sales 4,833 4,819 Frequent flyer deferred revenue 908 2,440 Current maturities of long-term debt 1,911 1,407 Current maturities of operating leases 612 686 Current maturities of finance leases 182 46 Other 724 566 Total current liabilities 12,725 14,938 Long-term debt 24,836 13,145 Long-term obligations under operating leases 4,986 4,946 Long-term obligations under finance leases 224 220 Other liabilities and deferred credits: Frequent flyer deferred revenue 5,067 2,836 Pension liability 2,460 1,446 Postretirement benefit liability 994 789 Deferred income taxes -1,736 Other financial liabilities from sale-leasebacks 1,140 - Other 1,156 1,024 Total other liabilities and deferred credits 10,817 7,831 Commitmentsand contingencies Stockholders'equity: Preferred stock --- Commonstock at par,$0.01 par value;authorized 1,000,000,000 shares;outstanding 311,845,232 and 251,216,381 shares at December 31,2020 and 2019,respectively 4 3 Additional capital invested 8,366 6,129 Stock held in treasury,at cost (3,897)(3,599) Retained earnings 2,626 9,716 Accumulated other comprehensive loss (1,139)(718) Total stockholders'equity 5,960 11,531 Total liabilities and stockholders'equity $59,548 $52,611 66 UNITED AIRLINES HOLDINGS,INC. STATEMENTS OF CONSOLIDATED OPERATIONS (In millions,except per share amounts) Year Ended December 31, 2020 2019 2018 Operating revenue: Passenger revenue $11,805 $39,625 $37,706 Cargo 1,648 1,179 1,237 Other operating revenue 1,902 2,455 2,360 Total operating revenue 15,355 43,259 41,303 Operating expense: Salaries and related costs 9,522 12,071 11,458 Aircraft fuel 3,153 8,953 9,307 Depreciation and amortization 2,488 2,288 2,165 Landing fees and other rent 2,127 2,543 2,449 Regional capacity purchase 2,039 2,849 2,649 Aircraft maintenance materials and outside repairs 858 1,794 1,767 Distribution expenses 459 1,651 1,558 Aircraft rent 198 288 433 Special charges (credit)(2,616)246 487 Other operating expenses 3,486 6,275 5,801 Total operating expense 21,714 38,958 38,074 Operating income (loss)(6,359)4,301 3,229 Nonoperating income (expense): Interest expense (1,063)(731)(670) Interest capitalized 71 85 65 Interest income 50 133 101 Unrealized gains (losses)on investments,net (194)153 (5) Miscellaneous,net (1,327)(27)(72) Total nonoperating expense,net (2,463)(387)(581) Income (loss)before income taxes (8,822)3,914 2,648 Income tax expense (benefit)(1,753)905 526 Net income (loss)$(7,069)$3,009 $2,122 Earnings (loss)per share,basic $(25.30)$11.63 $7.70 Earnings (loss)per share,diluted $(25.30)$11.58 $7.67 67 Wells Fargo &Company Affiliated Transactions For the Period from January 1,2020 to September 4,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Banking and lending serviceS (b)$851,613 $- Financial transactions related to energy hedging activity (c)589,900 - Total $1,441,513 $- Basis of pricing (b),See discussion below N/A Cost of service (b),See discussion below N/A The margin of charges over costs (b),See discussion below N/A Assets allocable to the services (b),See discussion below N/A The overallrate of return on assets (b),See discussion below N/A (a)During the third quarter of 2020,Berkshire Hathaway's ownership interest in Wells Fargo &Company decreased to less than 5% of Wells Fargo &Company's outstanding common shares.Accordingly,this report reflects the transactions between PacifiCorp and Wells Fargo &Company that occurred between January 1,2020 and September 4,2020 (the date Berkshire Hathaway filed its Schedule 13G with the U.S.Securities and Exchange Commission,and its decreased ownership of Wells Fargo &Company became known) (b)Wells Fargo &Company provides financial services to PacifiCorp in the normal course of business at standard pricing for certain transactions and at negotiated rates below standard pricing for certain transactions. (c)Represents the financial impact realized on natural gas swaps during the period ended September 30,2020.In conjunction with these swap arrangements,PacifiCorp had no collateral at Wells Fargo as of September 30,2020.Please refer to further discussion below. The costs incurred from Wells Fargo &Company for the natural gas swaps included above are only one component of PacifiCorp's overall risk management process that is designed to identify,manage and report each of the various types of risk involved in PacifiCorp's business,including commodity price risk.PacifiCorp is principally exposed to commodity price risk as PacifiCorp has an obligation to serve retail customer load in its service territories.Exposures to commodity prices consist mainly of variations in the price of fuel required to generate electricity and wholesale electricity that is purchased and sold.Commodity prices are subject to wide price swings as supply and demand are impacted by,among many other unpredictable items,weather,market liquidity,generating facility availability, customer usage,storage,and transmission and transportation constraints.To mitigate a portion of its commodity price risk,PacifiCorp uses commodity derivative contracts,which may include forwards,options,swaps and other agreements.For further information regarding PacifiCorp's risk managementprocess and hedging activities,including its use of commodity derivative contracts,please refer to PacifiCorp's Annual Report on Form 10-K for the year ended December 31,2020. For further information on the following financial statements,refer to Wells Fargo &Company's Form 10- K for the year ended December 31,2020 (File No.001-2979)at www.sec.gov. 68 Wells Fargo &Company and Subsidiaries Consolidated Balance Sheet Dec 31,Dec 31,(in millions,except shares)2020 2019 Assets Cash and due from banks $28,236 21,757 Interest-earning deposits with banks 236,376 119,493 Total cash,cash equivalents,and restricted cash 264,612 141,250 Federal funds sold and securities purchased under resale agreements 65,672 102,140 Debt securities: Trading,at fair value 75,095 79,733 Available-for-sale,at fair value (includes amortized cost of $215,533 and $260,060,net of allowancefor credit losses)(1)220,392 263,459 Held-to-maturity,at amortized cost,net of allowancefor credit losses (fair value $212,307 and $156,860)(1)205,720 153,933 Loans held for sale (includes $18,806 and $17,578 carried at fair value)(2)36,384 24,319 Loans 887,637 962,265 Allowancefor loan losses (18,516)(9,551) Net loans 869,121 952,714 Mortgage servicing rights (includes $6,125 and $11,517 carried at fair value)(2)7,437 12,947 Premises and equipment,net 8,895 9,309 Goodwill 26,392 26,390 Derivative assets 25,846 14,203 Equity securities (includes $34,009 and $41,936 carried at fair value)62,260 68,241 Other assets 87,337 78,917 Total assets (3)$1,955,163 1,927,555 Liabilities Noninterest-bearing deposits $467,068 344,496 Interest-bearing deposits 937,313 978,130 Total deposits 1,404,381 1,322,626 Short-term borrowings 58,999 104,512 Derivative liabilities 16,509 9,079 Accrued expenses and other liabilities (includes $22,441 and $17,430 carried at fair value)76,404 75,163 Long-term debt 212,950 228,191 Total liabilities (4)1,769,243 1,739,571 Equity Wells Fargo stockholders'equity: Preferred stock 21,136 21,549 Common stock -$1-2/3 par value,authorized 9,000,000,000 shares;issued 5,481,811,474 shares 9,136 9,136 Additional paid-in capital 60,197 61,049 Retained earnings 162,890 166,697 Cumulative other comprehensive income (loss)194 (1,311) Treasury stock -1,337,799,931 shares and 1,347,385,537 shares (67,791)(68,831) Unearned ESOP shares (875)(1,143) TotalWells Fargo stockholders'equity 184,887 187,146 Noncontrolling interests 1,033 838 Total equity 185,920 187,984 Total liabilities and equity $1,955,163 1,927,555 (1)Priorto our adoption of CECL on January1,2020,the allowancefor credit losses (ACL)related to available-for-sale (AFS)and held-to-maturity (HTM)debt securitieswas not applicable.Foradditionalinformation,see Note 1 (Summaryof SignificantAccounting Policies)to Financial Statements in this Report. (2)in 2020,loans held forsaleand mortgage loans held for sale werecombined into a single line item,and mortgage servicing rights measuredat fairvalue and at amortized costwere combinedinto a single line item.Prior period balances havebeen revisedto conform with the current period presentation. (3)Our consolidatedassets at December31,2020 and 2019,includedthe following assets of certain variableinterest entities (VIEs)that can onlybe used to settle the liabilitiesof those VIEs:Debtsecurities,$967 million and $540 million;Net loans,$10.9 billion and $13.2 billion;All other assets,$310 million and $658 million;and Totalassets,$12.1 billion and $14.4 billion,respectively.Priorperiodbalanceshavebeenconformedtocurrentperiodpresentation. (4)Our consolidatedliabilities at December31,2020 and 2019,includethe following VIE liabilities for which the VIE creditors do not haverecourse to Wells Fargo:Long-term debt,$203 million and$587 million;AII other liabilities,$900 million and $639 million;and Total liabilities,$1.1 billion and $1.2billion,respectively.Prior period balances have been conformed to current periodpresentation. 69 Wells Fargo &Company and Subsidiaries Consolidated Statement of income Year ended December 31, (in millions,except pershare amounts)2020 2019 2018 Interest income Debt securities $11,234 14,955 14,406 Loans held for sale (1)947 892 917 Loans 34,109 44,146 43,974 Equity securities 554 962 992 Other interest income 954 5,128 4,358 Total interest income 47,798 66,083 64,647 Interest expense Deposits 2,804 8,635 5,622 Short-term borrowings 250 2,316 1,717 Long-term debt 4,471 7,350 6,703 Other interest expense 438 551 610 Total interest expense 7,963 18,852 14,652 Net interest income 39,835 47,231 49,995 Noninterest income (2) Deposit and lending-related fees 6,602 7,293 7,369 Brokeragefees 9,375 9,237 9,436 Trust and investment management fees 2,872 3,038 3,316 investment banking fees 1,865 1,797 1,757 Card fees 3,544 4,016 3,907 Mortgage banking 3,493 2,715 3,017 Net gains on trading and securities 2,710 3,976 2,225 Other 2,044 5,760 5,386 Total noninterest income 32,505 37,832 36,413 Total revenue 72,340 85,063 86,408 Provision for credit losses 14,129 2,687 1,744 Noninterest expense(3) Personnel 34,811 35,128 33,085 Technology,telecommunications and equipment 3,099 3,276 2,903 Occupancy 3,263 2,945 2,888 Operating losses 3,523 4,321 3,124 Professional and outside services 6,706 6,745 6,588 Advertising and promotion 600 1,076 857 Restructuring charges 1,499 -- Other 4,129 4,687 6,681 Totalnoninterestexpense 57,630 58,178 56,126 income before income tax expense (benefit)581 24,198 28,538 Income tax expense (benefit)(3,005)4,157 5,662 Net income before noncontrolling interests 3,586 20,041 22,876 Less:Net income from noncontrolling interests 285 492 483 Wells Fargo net income $3,301 19,549 22,393 Less:Preferred stock dividends and other 1,591 1,611 1,704 Wells Fargo net income applicableto common stock $1,710 17,938 20,689 Per share information Earnings per common share $0.42 4.08 4.31 Diluted earningsper common share 0.41 4.05 4.28 Average common shares outstanding 4,118.0 4,393.1 4,799.7 Diluted average common shares outstanding 4,134.2 4,425.4 4,838.4 (1)In 2020,interest incomeon mortgageloans held for sale was reclassified into loans held for sale.Prior period balances havebeen revisedto conform withthe current period presentation. (2)In 2020,service charges on deposit accountsservice charges on deposit accounts,cash network fees,wiretransfer and other remittance fees,certainother fees,and certain feesassociatedwith lending activities werecombined into a single line item for depositand lending-related fees;insuranceincome,lease incomeand certainotherfeeswere reclassifiedto other noninterest income;and net gains from trading activities,net gains on debt securities,and netgains from equity securitieswere combinedinto a single line for netgains on trading and securities.Prior periodbalances have been revisedto conform with the current period presentation. (3)in 2020,personnel-related expenseswere combined into a single line item,expensesfor outside professional services,contract services,and outside data processing were combinedinto a single line item for professional and outsideservices expense;expensesfor technology and equipment and telecommunications werecombined into a single line item for technology,telecommunications and equipment expense;and certainother expenseswere reclassified to other noninterest expense.Prior period balances havebeen revisedto conform with the current period presentation. 70 Berkshire Hathaway Energy Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$4,054,460 $1,379,922 Total $4,054,460 $1,379,922 Basis of pricing (a)(a) Cost of service (a)(a) The margin of charges over costs None None Assets allocable to the services None None The overallrate of return on assets None None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached lASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. The following items are excluded from the table above: Services providedby Berkshire Hathaway Energy Company to BridgerCoal Company in the amount of $7,898. PacifiCorp is party to an income tax-sharing arrangement and is part of the Berkshire Hathaway Inc. consolidated United States federal income tax return.For certain state income taxes,PacifiCorp is part of Berkshire Hathaway Energy Company ("BHE")combined or consolidated state income tax returns. PacifiCorp's provision for income taxes has been computed on a stand-alone basis.PacifiCorp remits federal and certain state income tax payments to PPW Holdings LLC.PPW Holdings LLC then remits income tax payments to BHE,and BHE remits any federal income tax payments to Berkshire Hathaway Inc. Under this arrangement,at December 31,2020,PPW Holdings LLC owed PacifiCorp and Pacific Minerals, Inc.$22,364,226 and $2,668,313,respectively. For further information on the following financial statements,refer to Berkshire Hathaway Energy Company's Form 10-K for the year ended December 31,2020 (File No.001-14881)at www.sec.gov. PacifiCorp is included in the following financial statements as a consolidated subsidiary of BHE. 71 BERKSHIRE HATHAWAY ENERGY COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in millions) As of December 31, 2020 2019 ASSETS Current assets: Cash and cash equivalents $1,290 $1,040 Restricted cash and cash equivalents 140 212 Trade receivables,net 2,107 1,910 Inventories 1,168 873 Mortgage loans held for sale 2,001 1,039 Other current assets 2,741 839 Total current assets 9,447 5,913 Property,plant and equipment,net 86,128 73,305 Goodwill 11,506 9,722 Regulatory assets 3,157 2,766 Investments and restricted cash and cash equivalents and investments 14,320 6,255 Other assets 2,758 2,090 Total assets $127,316 $100,051 72 BERKSHIRE HATHAWAY ENERGY COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (continued) (Amounts in millions) As of December 31, 2020 2019 LIABILITIES AND EQUITY Current liabilities: Accounts payable $1,867 $1,839 Accrued interest 555 493 Accrued property,income and other taxes 582 537 Accrued employee expenses 383 285 Short-term debt 2,286 3,214 Current portionof long-term debt 1,839 2,539 Other current liabilities 1,626 1,350 Total current liabilities 9,138 10,257 BHE senior debt 12,997 8,231 BHE junior subordinated debentures 100 100 Subsidiary debt 34,930 28,483 Regulatory liabilities 7,221 7,l00 Deferred income taxes l1,775 9,653 Other long-term liabilities 4,l78 3,649 Total liabilities 80,339 67,473 Commitments and contingencies (Note 16) Equity: BHE shareholders'equity: Preferred stock -100 shares authorized,$0.01 par value,4 shares issued and outstanding 3,750 - Common stock -115 shares authorized,no par value,76 and 77 shares issued and outstanding -- Additionalpaid-in capital 6,377 6,389 Long-term income tax receivable (658)(530) Retained earnings 35,093 28,296 Accumulated other comprehensive loss,net (1,552)(1,706) Total BHE shareholders'equity 43,010 32,449 Noncontrollinginterests 3,967 129 Total equity 46,977 32,578 Total liabilities and equity $127,316 $100,051 73 BERKSHIRE HATHAWAY ENERGY COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in millions) Years Ended December 31, 2020 2019 2018 Operating revenue: Energy $15,556 $15,371 $15,573 Real estate 5,396 4,473 4,214 Total operating revenue 20,952 19,844 19,787 Operating expenses: Energy: Cost of sales 4,187 4,586 4,769 Operations and maintenance 3,545 3,318 3,440 Depreciation and amortization 3,410 2,965 2,933 Property and other taxes 634 574 573 Real estate 4,885 4,251 4,000 Total operating expenses 16,661 15,694 15,715 Operating income 4,291 4,150 4,072 Other income (expense): Interest expense (2,021)(1,912)(1,838) Capitalized interest 80 77 61 Allowance for equity funds 165 173 104 Interest and dividendincome 71 117 113 Gains (losses)on marketable securities,net 4,797 (288)(538) Other,net 88 97 (9) Total other income (expense)3,180 (1,736)(2,107) Income beforeincome tax expense (benefit)and equity (loss)income 7,471 2,414 1,965 Income tax expense (benefit)308 (598)(583) Equity (loss)income (149)(44)43 Net income 7,014 2,968 2,591 Net income attributable to noncontrollinginterests 71 18 23 Net income attributable to BHE shareholders 6,943 2,950 2,568 Preferred dividends 26 -- Earningson common shares $6,917 $2,950 $2,568 74 BHE AltaLink Ltd. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany AdministrativeServices Agreement ("IASA")$-$48,264 Total $-$48,264 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overallrate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. For further information on the following financial statements,refer to the AltaLink,L.P.Financial Statements for the year ended December 31,2020,at www.brkenergy.com. 75 CONSOLIDATED FINANCIAL STATEMENTS AltaLink,L.P. Statement of Financial Position (in thousands of dollars) ASSETS Current Cash $4,229 $1,313 Trade and other receivables 5 105,117 159,086 109,346 160,399 Non-current Goodwill 202,066 202,066 Intangible assets 6 293,154 291,468 Property,plant and equipment 7 8,138,737 8,131,718 Third party deposits 8 74,790 62,606 Other non-current assets 9 803,729 717,921 $9,621,822 $9,566,178 LIABILITIES AND PARTNERS'EQUITY Current Trade and other payables 10 $104,109 $136,373 Commercial paper and bank credit facilities 11 143,500 249,361 Long-term debt maturing in less than one year 11 --125,000 Current portion of deferred revenue 12 57,185 61,402 304,794 572,136 Non-current Long-term debt 11 4,722,483 4,497,604 Deferred revenue 12 1,017,630 995,995 Third party deposits liability 8 74,790 62,606 Lease liabilities 13 52,830 51,449 Other non-current liabilities 14 43,021 35,476 6,215,548 6,215,266 Commitments and contingencies 24,25 Partners'equity AltaLink,L.P.equity 20 3,389,739 3,340,978 Non-controllinginterests 21 16,535 9,934 3,406,274 3,350,912 $9,621,822 $9,566,178 Ai.TAliNK A BERKSHIRE HATHAWAY ENERGY COMPANY 76 CONSOLIDATED FINANCIAL STATEMENTS AltaLink,L.P. Statement of ComprehensiveIncome (in thousands of dollars) Revenue Operations 17 $953,899 $947,614 Re-measurement of future income tax recovery 17 -(57,969) Other 18 39,318 42,529 993,217 932,174 Expenses Operating 19 (107,298)(109,060) Property taxes,salvage and other 19 (102,489)(101,200) Depreciation and amortization (279,444)(270,688) (489,231)(480,948) 503,986 451,226 Finance costs 11 (187,608)(191,116) Loss on disposal of assets (4,101)(5,247) Income beforenon-controllinginterests $312,277 $254,863 Non-controlling interests (1,598)(571) Net income $310,679 $254,292 Other comprehensive income Actuarial (loss)gain 15 (316)3,355 Comprehensive income $310,363 $257,647 ALiALiilk A BERKSHIRE HATHAWAY ENERGY COMPANY 77 BHE Renewables,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$80,081 Total $-$80,081 Basis of pricing (a)(a) Cost of service (a)(a) The margin of charges over costs None None Assets allocable to the services None None The overallrate of return on assets None None (a)Services are perfonned under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the parent company of BHE Renewables,LLC. 78 BHE Wind,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Wind turbine equipment $147,029,375 $- Total $147,029,375 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs (a)N/A Assets allocable to the services (a)N/A The overall rate of return on assets (a)N/A (a)Equipment was transferred from BHE Wind,LLC to PacifiCorp via a purchase and sale agreement priced at BHEWind,LLC's cost. Refer to the financial statements of Berkshire Hathaway Energy Company,the parent company of BHE Wind,LLC. 79 BHE U.S.Transmission,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$21,504 Total $-$21,504 Basis of pricing (a)(a) Cost of service (a)(a) The margin of charges over costs None None Assets allocable to the services None None The overallrate of return on assets None None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the parent company of BHE U.S.Transmission,LLC. 80 Electric Transmission Texas,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$1,986 Total $-$1,986 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overallrate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Electric Transmission Texas,LLC is not a consolidated subsidiary of Berkshire Hathaway Energy Company nor is it a public company;accordingly,its financial statements are not available. 81 MATL LLP Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$28,910 Total $-$28,910 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overallrate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the indirect parent company of MATL LLP. 82 MTL Canyon Holdings,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrativeservices under the Intercompany Administrative Services Agreement ("IASA")$-$9,101 Total $-$9,101 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overall rate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the indirect parent company of MTL Canyon Holdings,LLC. 83 CalEnergy Philippines Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$1,657 Total $-$1,657 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overallrate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached lASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the parent company of CalEnergy Philippines. 84 HomeServices of America,Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Employee relocation services $960,143 $- Administrative services under the Intercompany Administrative Services Agreement ("IASA")-141,229 Total $960,143 $141,229 Basis of pricing (a)(b) Cost of service (a)(b) The margin of charges over costs (a)None Assets allocable to the services (a)None The overall rate of return on assets (a)None (a)HomeServices of America,Inc.("HomeServices")charged PacifiCorp $0,$1,$395 or $895 per homeowner relocation, depending on policy;$400 per union relocation;and $895 per renter relocation;plus the actual costs of services procured from its vendors and service providers. (b)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. The followingitems are excluded from the table above: Services providedby HomeServices to BridgerCoal Company in the amount of $61,881. Refer to the financial statements of Berkshire Hathaway Energy Company,the parent company of HomeServices of America,Inc. 85 BHE GT&S,LLC Affiliated Transactions For the Period from November 1,2020 to December 31,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$76,463 Total $-$76,463 Basis of pricing N/A (b) Cost of service N/A (b) The margin of charges over costs N/A None Assets allocable to the services N/A None The overall rate of return on assets N/A None (a)During the fourth quarter of2020,BHE acquired the natural gas transmission and storage business of DominionEnergy,Inc.and Dominion Energy Questar Corporation,exclusive of Dominion Energy Questar Pipeline,LLC and related entities.These businesses are now organized as BHE GT&S,LLC.Accordingly,this report reflects the transactions between PaciflCorp and BHE GT&S,LLC that occurred between November 1,2020 (the date the previously announced purchase was completed,and the Form 8-K was filed with the U.S.Securities and Exchange Commission)and December 31,2020. (b)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the indirect parent company of BHE GT&S,LLC. 86 Kern River Gas Transmission Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Natural gas transportation services (0 $3,109,681 $- Power line crossing (b)7,773 - Administrative services under the Intercompany Administrative Services Agreement ("IASA")fe 1,503 139,114 Total $3,118,957 $139,114 Basis of pricing (a)(b)(c)(c) Cost of service (a)(b)(c)(c) The margin of charges over costs (a)(b)None None Assets allocable to the services (a)(b)None None The overallrate of return on assets (a)(b)None None (a)Natural gas transportation services are priced at a tariff rate on file with the Federal Energy Regulatory Commission ("FERC"),or as priced in a negotiated rate transportation service agreement filed with and approved by the FERC. (b)Costs related to alternating current mitigation.Costs are comprised of Kern River Gas Transmission Company employee labor,as well as third-party design costs. (c)Services are performed under the lASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. For further information on the following financial statements,refer to the Kern River Gas Transmission Company FERC Form 2 for the year ended December 31,2020 at www.brkenergy.com. 87 neRwre ndr strdssonCompany isR ssion La o rt Y r/Per eport Comparative Balance Sheet (Assets and Other Debits) Une Tide of Account Reference Current Year End of Prior Year No PageNumber Quarter/YearBalance EndBalance (c)12/31 (a)(b)(d) 2 UtiltyPlant(101-108,114)200-201 2,926,127,232 2.916,897.877 3 ConstructionWodinProgress(107)200-201 5,119,621 1,857,807 4 TOTALUtility Plant (Total of Ilnes 2 and 3)200-201 2 931,246,753 2,918,755,684 5 (Lesa)Accum.Provislen for Depr Amort,Dept (108,111,115)1,480,943.869 1,423,520,564 6 Net UtilityPlant (Total of fine 4 less5)1,460,302,884 1,495,235,120 7 Nuclear Fuel (120.1 thru 120.4,and 120.6)O O e (Less)Accum.ProWsion for Amort.,of Nuclear Fuel Assemblies (120 5)O O 9 NuclearFuel(Totalofiine71esse)0 0 10 Net Utility Phnt(Total of lines 6 and 9)1,450,302,884 1,495,235,120 11 UtiNtyPfantAdjustments(116)122 0 0 12 GasStore BaseGas(117.1)220 0 0 13 System BahnengGas (117.2)220 0 0 14 GasStoredinReservorsandPipelines-Noncurrent(117.3)220 0 0 15 GasOwedtasystemGas(117.4)220 0 0 17 NonutilityProperty(121)0 0 18 (Less)Accum.Provision for Deprechtkin and Amortizaten(122)0 0 19 investments in Associated Companies (123)222 223 0 0 20 investments in Subsidiary Companas (123.1)224 225 0 0 22 Noncurrent PortionofANowances O O 23 Other Investments (124)222 223 0 0 24 Sinking Funds (125)O O 25 Depreciation Fund (126)0 0 26 Amortsation Fund -Federal (127)0 0 27 OttierSpedalFunds(128)11,033,004 10,812,573 28 Long-Terrn Portion of Derivative Assets (175)O D 29 Long-Term PorBon of Derivative Assels -Hedges (176)O O 30 TOTALOther Property and Investments (Total ofines 17-20,22-29)11,033,004 10,812,573 32 Cash (131)O 8,709,020 33 SpecialDeposits(132-134)489,020 1.048,274 34 WorkingFunds(135)O O 35 TemporaryCashinvestments(136)222223 11,000,000 0 36 No1esReceivable(141)0 0 37 CustomerAccountsReœhrable(142)19,243,061 21,468,609 38 O1her Accounts Receivable (143)229,997 2,644,960 39 (Leas)Accum.Provalon for Uncollectible Accounts -Credit (144)0 O 40 Notes Receivatue from Associated Companies (145)O 0 41 Accounts Receivabb from Associated Companies (146)4,987.737 4,549,390 42 FuelStock(161)0 0 43 FuelStockExpensesUndatributed(152)0 0 FERC FORM NO.2 (REV06-04) neR e Ta smissionCompany WR o of rt Year/Peredamepart Comparative Balance Sheet(Assets and Other Deblts)(continued) Line Tide of Account Reference Current Year End of Prior Year No Page Number Quarter/Year Balance End Balance (e)12/31 (a)(b)(d) 44 Reskluals (Elec)and Extracted Products (Gas)(153)0 0 45 PlantMatedals andoperating Suppues (154)13,451.702 12,723,084 46 Merchandbe(166)0 0 47 O1herMaterialsandSupphes(166)0 0 48 NuclearMaledals Heidfor Sale (157)0 0 49 Allowances(tSB.1and158.2)0 0 SD (Less)Noncurrent Portion of Alowances O O 51 StoresExpenseUncNstrbuted(163)0 0 52 GasStoredUnderground-Current(164.1)220 0 0 53 Liquened Natural Gas Stored and Held for Processing (164.2 thru 164 3)220 0 0 54 Prepayments(165)230 1,961,970 1,713,556 55 AdvancestorGas(166thru167)O O 156 InterestandDividendsRecehvable(171)0 0 57 Rents Receivable (172)O O 58 Accrued UtBity Revenues (173)O 0 69 Miscellaneous Current and Accrued Assets (174)2,938,198 2,815,772 60 DerivativeinstrumentAssets(175)0 0 61 (Less)Long-Term Portion of Dertvative InstrumentAssels (175)0 0 62 Derivative instrument Assets -Hedges (176)0 1.600,430 63 (Less)Long-Term Portion of Derivative Instrument Assests -Hedges (176)0 0 64 TOTAL Current and Accrued Assets (Total of lines 32thru 63)54.281,691 57,171,094 66 UnamortiledDebtExpense(181)O O 67 ExtraordharyPropertyLosses(182.1)230 0 0 68 Unrecovered Plant and Regukttory Study Costs (182.2)230 0 0 69 OtherRegulatoryAssets(182.3)232 176,250,211 165106,298 70 Prelminarysurvey and Investgationcharges (ElectricXias)0 0 71 Prentrúnary Survey arid Investigation Charges (GasX183.1 and 183.2)713 151 789,940 72 CleanngAccounts(184)0 0 73 Temporary Faciiues (185)O O 74 MiscellaneousDeferredDebits(186)233 0 0 75 Deferred Losses from Disposition of UtfityPlant (187)0 76 Research,Development,and Demonstradan Expend.(188)O O 77 Unamortized Loss on Reacquired Debt (189)0 0 78 AccumulatedDeferredincomeTaxes(190)234235 126,629660 133,260,876 79 UnrecoveredPurchasedGasCosts(191)0 0 80 TOTALDeferredDebits(Totaloflines66thru79)302,593022 299,157,114 81 TOTALAssetaandOtherDebits(Totaloffines10-15,30,64,andSD)1,818.210601 1,862,375,901 88 FERC FORM NO.2 (REV06-04) R rG ndr smission Company Is R nR b asion ComparativeBalance Sheet(Liabilities and OtherCredits) Line Titleof Account Reference Current Year Prior Year No Page Number End of End BalanceQuarier/fear 12/31 (a)(b)Balance (d) 2 CommonStockissued(201)260251 1 1 3 Preferred Stock Issued (204)260-251 0 0 4 Capital Stock Subscríbed (202,205)252 0 0 5 Stock DabilityforConversion (203,206)252 0 0 6 Premiumon Capital Stock (207)252 0 0 7 OtherPaid-InCaptat(208-211)253 1,229,271,246 1,229.271,246 8 InstallmentsReceived on Capital Stock (212)252 0 0 9 (Less)DiscountonCapitalStock(213)254 0 0 10 (Less)CapitalStockExpense(214)254 0 0 11 RetainedEarnings(215,215.1,216)118-119 (281,261,218)(277,091.724) 12 UnappropriatedUndistdbutedSubsidiaryEarnings(216.1)118-119 O O 13 (Less)Reacquired Capital Stock (217)250-251 0 0 14 Accumulated Other ComprehensNe income (219)117 (18 158)1,124,996 15 TOTALProprietary Capital (Total of lines 2 thru 14)947,991 871 953.304.519 17 Bonds (221)256 257 0 0 18 (Less)Reacquked Bonds (222)256 257 0 0 19 Advances from Associated Compankts (223)256 257 0 0 20 OtherLong-TermDebt(224)256257 O O 21 UnamortmedPremiumonLong-TermDebt(226)258259 0 0 22 (Less)Unamortized Discount on Long-Term Debil>r (226)258 259 0 0 23 (Less)Current PotBon of LorgTerm Debt D O 24 TOTALLong-Term Debt (Totat of unes 17 thru 23)O O 26 Obligadons Under Capital Leases-Noncurrent (227)11.938 758 12.899,586 27 Accumulated Provision for Property Insurance (228.1)O 0 28 Accumulated Promslon for Iniuries and Damages (228.2)O O 29 Accumulated Providon for Pensions arid Benefits (228.3)5,030 003 3.621,614 30 Accumulated Wsœlaneous Operating Provisions (228.4)374 673 0 31 AccumulatedProwsionforRateRefunds(229)O O FERC FORM NO.2 (REV 06-04) R re rea smission Company sR R I ssion f rt Y r/Perio por1 ComparativeBalanceSheet(LiabilitiesandOtherCredits)(continued) Line TitleofAccoun1 Reference Current Year Prior YearNoPageNumberEndofEndBalanœ Quarter/Vear 12/31 (a)(b)Balance (d) 32 Long-Term Porton of Dedvative Instrument Liabilites O O 33 Long-Term Portion of Derhtative Instrument LiatúNQes -Hedges O O 34 AssetRedrementObigations(230)0 0 35 TOTAL Other Noncurrent Listúli6es (Total oflines 26 thru 34)17,343 434 16,621.200 37 Current Portion of Long-Term Debt 0 0 38 NotesPayabb(231)O O 39 AccountsPayabte(232)2.874,936 1,585,955 40 NotesPayabletoAssociatedCompanies(233)0 0 41 Accounts Payable to Assoejated Companies (234)610,260 594,382 42 CustomerDeposts(235)1,232,424 1,708326 43 TaxesAccrued(236)262-263 6,716.686 4,645635 44 1nterestAccrued(237)18,894 18894 45 Dividends Declared (238)D 0 46 Matured Long-Term Debt (239)D 0 47 Matured Interest (240)O 0 48 TaxConectionsPayabie(241)150,576 123804 49 MisceManeousCurrentandAccruedLiebiÑUes(242)268 4,965,605 7,135859 50 Obligations Under Capital Lesses-Current (243)963,926 877,588 51 DerivativernstrumentLiabilities(244)O O 52 (Less)Long Term Portion of Derivative Instrument Liabilities O O 53 Der vative InstrumentLlabNitles -Hedges (246)24,258 0 54 (Less)Long Term Portion of Derivative Instrument DebiNties -Hedges O 0 55 TOTALCurrent and Accrued Liabilities (Total of Nnes 37 thru 54)17,557,567 16,690,443 57 Customer Advances for Construction (252)1,260,689 4,722,152 58 Accurnulated Deferred Investment Tax Credits (255)0 0 59 Defened Gains from Disposition of UtŒty Plant (256)0 0 60 Other Deferred credits (253)269 0 0 61 OtherRegulatotyLiabdities(254)278 466,212,672 496,983,215 62 UnamortizedGainonReacquiredDebt(257)260 0 0 63 AccumulatedDeferred income Taxes -Accelerated Amortiration(281)O O 64 AccumulatedDeferred Income Taxes -Other Property (282)318,996,728 327,374.479 65 AccumulatedDeferredincomeTaxes-Other(283)48,847,740 46,779,893 66 TOTALDeferred Credits (Total of fines 57 thru 65)836 317,729 875,859,739 67 TOTALUabiitos and Other Credits (Tatal of lines 15,24,35 55,and 66)1,818,210,601 1,862,375,901 FERG FORM NO.2 (REV 06-04) NameofRespondent .1 dginal Reort YeariPeriodofReport KernRuerGasTransmusioncompany (2)AResubmission 04116/2021 Endof Statementof Income TileofAccoun1 Rulesco Tote Told CurienlTbree Pao<Truna Page CunauYeme PibrYearbDate MarilhsEnded MortinEndad Line (a) 12 GasoperaungRennues(400)3(4501 278,979.910 27A302546.O.0 4 OpersionExpeises(401)317325 44061484 48404499 0 0 S MainionenceEquases(402)31 325 444232 854921 0 0 6 DmrecbionExpenseldC3)3 338 64264,605 64017158 0 0 7 DeprecistomEqunsekrAssatReirernedtoets(4011)3 335 E o a o e Amorgraianandoi¢agonertmyPait(doi4tq 33 33e 4807,90F 4767050 0 e 9 Amorlizaamattait¢¾auce.Adjustmani(40 335335 i o C a 10 AnurtefP<agiasses.unrecoveredPiantandReastidycosts[4011)L 0 0 0 11 Amardanianotcarmeniantxpemes(407.2)C 4 0 0 12 Reguhikwy0eMa(4013)6,614.174 4900539 0 0 13 (Liss)RegulierycleŒts(407.4)39,007.071 41552144 0 0 14 TussoiherihardnceinsTees[405.1)262-283 *1,512,5¾11607240 0 0 15 koneTues-Federd(409.1)282-263 42,711.921 34255316 0 0 16 licorneTages-Olimr(4011)282263 4819.752 7942987 0 0 17 PranskmotDelirredincomeTaxes(41Œ1)230235 28,149,710 420917ts O O 18 (Less)PrahimkroeferradhnemeTantredt[411.1)234235 31729.492 3A904646 o 0 19 kwasknentTwoestAgekning.at(411.4)C D 0 0 20 (Less)ssnskomtmposiiceerumitynar«(411.8)C C C o 21 1.assestrem[ApodumorgligPiant(411.7)C C O O 22 0.ess)Gdasfiamthspasilenardkmances[411.0)C C C 0 23 ussestom0kpollenotMkemees(411.0 0 24 ArrellonExpense(411.1(9 C 0 0 0 25 70TAtunitropenogExpmses(Totuonhiesdihrerg 124724100 133416459 ¢0 26 FaulityOperairchwemetrotdatikles2Inss25)(Carrymrward spage116 un)16426351(144886087 0 FERC FORMNO.2 (REV 08-04) Rv r t mmissionCompany isR nntssion rt Y UPeriodofRuport Statementof income Elec.Utility Elec.Utility Gas Utility Gas Utildy Other Utilky Olher Utilky Current Previous Current Previous Current Predous Year to Date Year to Date Year to Date Year to Date Year to Date Year to Date Line (indollars)(indollars)(in fars)(Indollars)(Indollars)(indollars) 2 0 0 278.979.910 278,302.546 .0 0 4 0 0|42062,484 48.406499||0 0 |5 0 |0 446.232 |854 927 |0 0 e 01 DI 60264883\600171881 GI ©ir al ol 01 01 0\0 la 0|0|2.807906|2787058 0|0 le 0|01 0|0 Ol o llo oi el al o el o its ol oi oi o oi o |12 0|0 6,614174)6900539 0|0 lia el el 39.0070711 41552144 01 0 14 0 0 11,692592|11607240 0|0 15 o|e|42,711921|34265318 0|0 6 01 of 8,819752 7,942967 0|0 17 o I ol 28.142719 i 42.091715 o I e 18 0 |0 |35,729492 39,904846 0 |0 is el ol ol 0 GI 0 Ize o el el o el o 21 0 0|0|0 0|0 |22 o al oi o el o 23 0 0|0|0 0|0 24 0 0|0|0 0|0 |26 0 0 128,726100|133,416459 0(0 26 0 0 150,253810|144.8ô6057 0|0 9( FERC FORM NO.2 (REV 064)4) ne r nT mission Company is D of ri Year/Period of Report StatementofIncorne[continued) TieofAccount Fafeence Teid Told GræntThree PriorThica Page CureMYealo PiiarYawboule MonumEnded mnisEned phiirter Deseanne nainnee Quady0nty Quatriy0nly L (a)lurcuarlernes traiarisdies NeForiheuem:NoFocumier 27 Nu guyopaminghcarne[Carrialtanurdnernpage )14 1g 144,586,057 0 0 28 THERDICOMEMt00E0ucil0NS 30 Noms Oprakig Wicome 31 RememestrnMechaidsingJobingandConteciwerk[415)0 0 0 32 [LasstabandExpenseafMambardhing,JobacomractWolk(410 0 0 0 33 FeuenuestremmonullMy0matos(417)0 0 0 34 Mol)EmpensadNonuumyoperaums(417.1)0 0 e 35 NonopwaingRenunnome(415)é o e 36 EqaltinEarningsofSubsubrycompanies(418.1)119 e 0 0 37 hteresmoOulendhcome(41%716 272>4 0 0 38 Almancelaroinutundsus.dow.grasvedio(4111)281,107 250,087 e e 39 MueenmeomNonopersiingincons(421)1,582,354 3A09.336 0 e 40 GananchpasirmncdProgery(421.1)0[0|0 0 41 TOTAtomerkiname(Tchiefliam31tivu40)1.936,152 3,931,769 0 0 43 LassononpoliandPopertr(42t2)0 0 0 0 44 MsminarsAnnutzden(425)C e 0 0 45 D:ndons(4261)340 37.33 44554 0 0 46 Lifekarance[42A2)0 0 0 47 Fbnalias(4264 1 81 0 0 48 ExpensisesforcertiincMc,P¾andiëlaWMinnes(426A)7,744 4070 0 0 49 GIherDeducons[4255)94,434 1110 0 0 50 TOTALolarinconmDelueuens(Teiderkies43tru41 340 139.52f 47405 0 O 52 TemomerihanmeemaTaos(4054 252263 t 0 0 0 53 kemonTuesFeard(409.2)252263 (135665 147.851 0 0 54 kicameTuesaher(409.2)252253 648V 11525 0 0 55 PmisenforDefecedinconmTam(41û2)230235 934121 1,584315 4 0 56 (Less)Pmisiokrearemedincomeline-Gest(d11.2)230235 646.332 611744 0 0 57 ImesimanlTucredAgenenis-Net(411.5)0(0 0 58 (tess)huesimeMTarcredis(420)O|0 0[ 59 ToTALlamesen0terincomeandooducions{Taalofiness2-88)219 1,133,960|4 0} 60 NeiOlbenneomeadDetbclans(Tetsarines41,5069)|1.57A695 1760,414 0|0 62 1mierestonLeyTarm0ete(427)0 0 0 a 63 Amanænonotonot12c.andExgenae(428)258259 E 0 0 0 64 AmruraccollessenResemirailmin(428.1)(o o O 65 (Less)AmedralianofPrembmenDeMCrel(429)25 259 t 0 0 a 66 (less)AmoeraIionorGanonRemiuiredDucadu(4291)0 0 0 67 IrkrestonDeteoAssocididCompanks(430)340 0 e 0 0 66 CIherinterestEsinnse(431)340 1 0 0 0 69 (less)AlouncabrecaceedFundsusedDudagcarsmCretl(432)C o o O 70 Neintereschages(Tealerenestleiruß 1 0 e D 71 usomeBeforeEnmdasylems(Toimetines27,soand70)151,834605 147,634501 0 0 73 Exkmenryincomer431)0 0 0 0 74 Oms}ExhamlimmyDedeckens(435)e o o 75 NetExira¤rdawthmsfredefine73tessbneW)o 0 0 76 incomeTam-Falerdmdomar(409.3)282263 C e 0 0 77 EnacidhayienaderTaas(Tonidine75kssike76)C D 0 0 78 Nettnome(Tomorime7:ard77)151,834 147.636,501 0 0 FERC FORM NO.2 (REV 08-04) 91 Northern Natural Gas Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$54,484 $126,207 Total $54,484 $126,207 Basis of pricing (a)(a) Cost of service (a)(a) The margin of charges over costs None None Assets allocable to the services None None The overall rate of return on assets None None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. For further information on the following financial statements,refer to the Northern Natural Gas Company Financial Statements for the year ended December 31,2020,at www.brkenergy.com. 92 MidAmerican Energy Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")(0 $4,183,286 $408,752 Mutual aid services under the Intercompany Mutual Assistance Agreement ("IMAA")(b)1,066,412 1,383,681 Total $5,249,698 $1,792,433 Basis of pricing (a)(b)(a)(b) Cost of service (a)(b)(a)(b) The margin of charges over costs None None None None Assets allocable to the services None None None None The overall rate of return on assets None None None None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. (b)Services are performed under the IMAA.Charges are calculated as described in Article 4 of the attached IMAA.The subtotal of PacifiCorp Received Services under the IMAA in the table above includes an amount recorded in the December 31,2020 financial statements that is based on an estimate.The actual amounts incurred were $1,183,033.A true-up will be reflected in the 2021 Affiliated Interest Report. The following items are excluded from the table above: Services providedby MidAmerican Energy Company to Bridger Coal Company in the amount of $36,975. For further information on the following financial statements,refer to MidAmerican Energy Company's Form 10-K for the year ended December 31,2020 (File No.333-15387)at www.sec.gov. 93 MIDAMERICAN ENERGY COMPANY BALANCE SHEETS (Amounts in millions) As of December 31, 2020 2019 ASSETS Current assets: Cash and cash equivalents $38 $287 Trade receivables,net 234 291 Inventories 278 226 Other current assets 73 90 Total current assets 623 894 Property,plant and equipment,net 19,279 18,375 Regulatory assets 392 289 Investments and restricted investments 911 818 Other assets 232 188 Total assets $21,437 $20,564 94 MIDAMERICAN ENERGY COMPANY BALANCE SHEETS (continued) (Amounts in millions) As of December 31, 2020 2019 LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities: Accounts payable $408 $519 Accrued interest 78 78 Accrued property,income and other taxes 161 225 Other current liabilities 183 219 Total current liabilities 830 1,041 Long-term debt 7,210 7,208 Regulatory liabilities 1,lll 1,406 Deferred income taxes 3,054 2,626 Asset retirement obligations 709 704 Other long-term liabilities 458 339 Total liabilities 13,372 13,324 Commitments and contingencies (Note 13) Shareholder's equity: Common stock -350 shares authorized,no par value,71 shares issued and outstanding -- Additional paid-in capital 561 561 Retained earnings 7,504 6,679 Total shareholder's equity 8,065 7,240 Total liabilities and shareholder's equity $21,437 $20,564 95 MIDAMERICAN ENERGY COMPANY STATEMENTS OF OPERATIONS (Amounts in millions) Years Ended December 31, 2020 2019 2018 Operating revenue: Regulated electric $2,139 $2,237 $2,283 Regulated natural gas and other 581 688 766 Total operating revenue 2,720 2,925 3,049 Operating expenses: Cost of fuel and energy 339 399 487 Cost of natural gas purchased for resale and other 328 413 466 Operations and maintenance 754 800 811 Depreciation and amortization 716 639 609 Property and other taxes 135 126 125 Total operating expenses 2,272 2,377 2,498 Operating income 448 548 551 Other income (expense): Interest expense (304)(281)(227) Allowance for borrowed funds 15 27 20 Allowance for equity funds 45 78 53 Other,net 52 50 30 Total other income (expense)(192)(126)(124) Income before income tax benefit 256 422 427 Income tax benefit (570)(371)(255) Net income $826 $793 $682 96 Midwest Capital Group,Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$213 Total $-$213 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overallrate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of MHC Inc.,the parent company of Midwest Capital Group,Inc. 97 MidAmerican Energy Services,LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$11,025 Total $-$11,025 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overall rate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. Refer to the financial statements of Berkshire Hathaway Energy Company,the indirect parent company of MidAmerican Energy Services,LLC. 98 Northern Powergrid Holdings Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")$-$68,739 Total $-$68,739 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overall rate of return on assets N/A None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. For further information on the following fmancial statements,refer to the Northern Powergrid Holdings Company Financial Statements for the year ended December 31,2020,at www.brkenergy.com. 99 Northern Powergrid Holdings Company (Registration number:03476201) Consolidated Statement of Financial Position as at 31 December 2020 31 December 31 December 2020 2019 £000 £000 Assets Non-current assets Property,plant and equipment 6,698,650 6,374,612 Right of use assets 23,684 18,048 Intangible assets 300,744 306,356 Equity accounted investments 3,648 29,253 Retirement benefit obligations 88,100 93,400 Deferred tax asset 334 577 Trade and other receivables 4,598 7,730 7,119,758 6,829,976 Current assets Inventories 19,347 20,692 Trade and other receivables 151,462 154,174 Tax receivable 291 101 Cash and cash equivalents 57,221 245,122 Restricted cash 16,758 13,873 Contract assets 6,214 8,132 251,293 442,094 Total assets 7,371,051 7,272,070 Equity and liabilities Equity Share capital (354,550)(354,550) Share premium 810 810 Foreign currency translation reserve 769 1,549 Cash flow hedging reserve 3,089 1,091 Retained earnings (2,491,566)(2,361,515) Equity attributable to owners of the Company (2,841,448)(2,712,615) Non-controlling interests (37,482)(36,466) Total equity (2,878,930)(2,749,081) Non-current liabilities Lease liabilities (18,632)(13,731) Loans and borrowings (2,384,242)(2,089,401) Provisions (10,486)(6,232) Deferred revenue (1,468,599)(1,462,863) Deferred tax liabilities (239,729)(225,537) Other non-current financial liabilities (3,174)(1,131) Trade and other payables -(2,693) (4,124,862)(3,801,588) 100 Northern Powergrid Holdings Company (Registration number:03476201) Consolidated Statement of Financial Position as at 31 December 2020 (continued) 31 December 31 December 2020 2019 £000 £000 Current liabilities Lease liabilities (5,518)(4,508) Trade and other payables (213,299)(210,418) Loans and borrowings (80,203)(4l7,l64) Income tax liability -(23,701) Deferred revenue (64,687)(61,273) Provisions (2,912)(4,153) Other current financial liabilities (640)(184) (367,259)(721,401) Total liabilities (4,492,121)(4,522,989) Total equity and liabilities (7,371,051)(7,272,070) 101 Northern Powergrid Holdings Company ConsolidatedIncome Statement for the Year Ended 31 December 2020 2020 2019 £000 £000 Revenue 853,718 849,695 Cost of sales (45,939)(50,779) Gross profit 807,779 798,916 Distribution costs (296,955)(285,321) Administrative expenses (147,531)(146,524) Operating profit 363,293 367,071 Other (losses)/gains (34,011)2,711 Finance income 986 1,363 Finance costs (98,172)(108,918) Profit before tax 232,096 262,227 Income tax expense (72,073)(46,469) Profit for the year 160,023 215,758 Profit attributable to: Owners ofthe Company 158,372 213,535 Non-controllinginterests 1,651 2,223 160,023 215,758 The above results were derived from continuing operations. 102 NV Energy,Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative services under the Intercompany Administrative Services Agreement ("IASA")(a)$356 $31,761 Mutual aid services under the Intercompany Mutual Assistance Agreement ("IMAA")(b)584,745 - Total $585,101 $31,761 Basis of pricing (a)(b)(a) Cost of service (a)(b)(a) The margin of charges over costs None None None Assets allocable to the services None None None The overallrate of return on assets None None None (a)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. (b)Services are performed under the IMAA.Charges are calculated as described in Article 4 of the attached IMAA.The amount in the table above represents the amount recorded in the December 31,2020 financial statements and is based on an estimate. Actual amounts incurred were $191,571 from Nevada Power Company and $202,498 from Sierra Pacific Power Company.A true-up will be reflected in the 2021 Affiliated Interest Report. NV Energy,Inc.is a holding company that wholly owns Nevada Power Company and Sierra Pacific Power Company.NV Energy is an indirect wholly owned subsidiary of Berkshire Hathaway Energy Company. For further information refer to Berkshire Hathaway Energy Company's Form 10-K for the year ended December 31,2020 (File No.001-14881)at www.sec.gov. 103 Nevada Power Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Electricity transmission services $1,393,449 $- Transmission ancillary services 241,270 - Wholesale energy purchases 1,131,238 - Wholesale energy sales -967,142 Settlement adjustment 7,263 - Administrative services under the Intercompany Administrative Services Agreement ("IASA")(b)197,597 90,572 Total $2,970,817 $1,057,714 Basis of pricing (a)(b)(a)(b) Cost of service (a)(b)(a)(b) The margin of charges over costs (a)None (a)None Assets allocable to the services (a)None (a)None The overall rate of return on assets (a)None (a)None (a)Electricity transmission services and transmission ancillary services provided by Nevada Power are priced pursuant to Nevada Power's Open Access Transmission Tariff ("OATT").Electricity transmission services provided by PacifiCorp are priced based on a formula rate on file with the Federal Energy Regulatory Commission ("FERC").Transmission ancillary services provided by PacifiCorp are priced pursuant to PacifiCorp's OATT Schedules.Wholesale energy purchases and sales are priced based on a negotiated rate capped by the selling entity's cost. (b)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. In previous years,PacifiCorp paid Nevada Power Company ("Nevada Power")for the construction of transmission assets to be used by PacifiCorp at Nevada Power's Harry Allen substation.These assets are owned by Nevada Power and are recorded in PacifiCorp's plant-in-service as intangible assets in the gross amount of $18,193,656 ($6,845,941 net of accumulated depreciation)as of December 31,2020.PacifiCorp pays Nevada Power for its share of the costs to operate and maintain these assets;for the year ended December 31,2020 there were no operations and maintenance billings. For further information on the following financial statements,refer to Nevada Power Company's Form 10- K for the year ended December 31,2020 (File No.000-52378)at www.sec.gov. 104 NEVADA POWER COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in millions,except share data) As of December 31, 2020 2019 ASSETS Current assets: Cash and cash equivalents $25 $l5 Trade receivables,net 234 215 Inventories 69 62 Derivativecontracts 26 - Regulatory assets 48 1 Prepayments 38 42 Other current assets 26 29 Total current assets 466 364 Property,plant and equipment,net 6,701 6,538 Finance lease right of use assets,net 351 441 Regulatory assets 746 800 Other assets 72 59 Total assets $8,336 $8,202 LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities: Accounts payable $181 $194 Accrued interest 32 30 Accrued property,income and other taxes 25 25 Current portion of long-term debt -575 Current portion of finance lease obligations 27 24 Regulatory liabilities 50 93 Customer deposits 47 62 Asset retirement obligation 25 14 Other current liabilities 22 20 Total current liabilities 409 1,037 Long-term debt 2,496 1,776 Finance lease obligations 334 430 Regulatory liabilities l,163 1,163 Deferred income taxes 738 714 Other long-term liabilities 257 285 Total liabilities 5,397 5,405 Commitments and contingencies (Note 13) Shareholder'sequity: Common stock -$1.00 stated value,1,000 shares authorized,issued and outstanding -- Additionalpaid-in capital 2,308 2,308 Retained earnings 634 493 Accumulated other comprehensive loss,net (3)(4) Total shareholder's equity 2,939 2,797 Total liabilities and shareholder'sequity $8,336 $8,202 105 NEVADA POWER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in millions) Years Ended December 31, 2020 2019 2018 Operating revenue $1,998 $2,148 $2,184 Operating expenses: Cost of fuel and energy 816 943 917 Operations and maintenance 299 324 443 Depreciation and amortization 361 357 337 Property and other taxes 47 45 41 Total operating expenses 1,523 1,669 1,738 Operating income 475 479 446 Other income (expense): Interest expense (162)(171)(170) Allowance for borrowed funds 3 3 2 Allowance for equity funds 7 5 3 Other,net 19 21 17 Total other income (expense)(133)(142)(148) Income beforeincome tax expense 342 337 298 Income tax expense 47 73 72 Net income $295 $264 $226 106 Sierra Pacific Power Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Electricity transmission services $38,742 $- Transmission ancillary services 5,665 - Electricity transmission service over agreed-upon facilities -36,160 Wholesale energy purchases 6,677 - Reserve share 9,787 27,499 Operations and maintenance -7,801 Administrative services under the Intercompany Administrative Services Agreement ("IASA")(b)23,245 53,237 Total $84,116 $124,697 Basis of pricing (a)N/A (a)(b) Cost of service (a)N/A (a)(b) The margin of charges over costs (a)N/A (a)None Assets allocable to the services (a)N/A (a)None The overallrate of return on assets (a)N/A (a)None (a)Electricity transmission services and transmission ancillary services provided by Sierra Pacific Power Company ("Sierra Pacific")are priced pursuant to Sierra Pacific's OATT.Electricity transmission services over agreed-upon facilities are priced based on a rate schedule negotiated per the contract between PacifiCorp and Sierra Pacific.Wholesale energy purchases are priced based on a negotiated rate capped by the selling entity's cost.Reserve share is at standard pricing based on the Northwest Power Pool Reserve Sharing Agreement.Operations and maintenance costs are ultimately based on PacifiCorp's actual operations and maintenance costs incurred. (b)Services are performed under the IASA.Direct charges are calculated as described in Article 4(a)(i)of the attached IASA.Refer to Section VII for discussion of amounts that were based on allocation factors.The amount in the table above reflects the cost of the services. For further information on the following financial statements,refer to Sierra Pacific Power Company's Form 10-K for the year ended December 31,2020 (File No.000-00508)at www.sec.gov. 107 SIERRA PACIFIC POWER COMPANY BALANCE SHEETS (Amounts in millions,except share data) As of December 31, 2020 2019 ASSETS Current assets: Cash and cash equivalents $19 $27 Trade receivables,net 97 109 Income taxes receivable 7 14 Inventories 77 57 Regulatory assets 67 12 Other current assets 38 20 Total current assets 305 239 Property,plant and equipment,net 3,164 3,075 Regulatory assets 267 283 Other assets 183 74 Total assets $3,919 $3,671 LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities: Accounts payable $108 $103 Accrued interest 14 14 Accrued property,income and other taxes 14 12 Short-term debt 45 - Regulatory liabilities 34 49 Customer deposits 15 21 Other current liabilities 25 21 Total current liabilities 255 220 Long-term debt 1,164 1,135 Finance lease obligations 12l 40 Regulatory liabilities 463 489 Deferredincome taxes 374 347 Other long-term liabilities 131 120 Total liabilities 2,508 2,351 Commitments and contingencies (Note 13) Shareholder's equity: Common stock -$3.75 stated value,20,000,000 shares authorized and 1,000 issued and outstanding -- Additional paid-in capital 1,111 1,111 Retained earnings 301 210 Accumulated other comprehensive loss,net (1)(1) Total shareholder's equity 1,411 1,320 Total liabilities and shareholder's equity $3,919 $3,671 108 SIERRA PACIFIC POWER COMPANY STATEMENTS OF OPERATIONS (Amounts in millions) Years Ended December 31, 2020 2019 2018 Operating revenue: Regulated electric $738 $770 $752 Regulated natural gas l 16 119 103 Total operating revenue 854 889 855 Operating expenses: Cost of fuel and energy 301 337 322 Cost of natural gas purchased for resale 62 62 49 Operations and maintenance 162 172 190 Depreciation and amortization 141 125 119 Property and other taxes 23 22 23 Total operating expenses 689 718 703 Operating income 165 171 152 Other income (expense): Interest expense (56)(48)(44) Allowance for borrowed funds 2 1 1 Allowance for equity funds 4 3 4 Other,net 11 4 9 Total other income (expense)(39)(40)(30) Income before income tax expense 126 131 122 Income tax expense 15 28 30 Net income $111 $103 $92 109 PPW Holdings LLC Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services N/A $-$- Total $-$- Basis of pricing N/A N/A Cost of service N/A N/A The margin of charges over costs N/A N/A Assets allocable to the services N/A N/A The overallrate of return on assets N/A N/A Duringthe year ended December 31,2020,PacifiCorp paid no dividends to PPW Holdings LLC. PacifiCorp is party to an income tax-sharing arrangement and is part of the Berkshire Hathaway Inc. consolidated United States federal income tax return.For certain state income taxes,PacifiCorp is part of Berkshire Hathaway Energy Company ("BHE")combined or consolidated state income tax returns. PacifiCorp's provision for income taxes has been computed on a stand-alone basis.PacifiCorp remits federal and certain state income tax payments to PPW Holdings LLC.PPW Holdings LLC then remits income tax payments to BHE,and BHE remits any federal income tax payments to Berkshire Hathaway Inc. Under this arrangement,at December 31,2020,PPW Holdings LLC owed PacifiCorp and Pacific Minerals, Inc.$22,364,226 and $2,668,313,respectively. 110 PPW HOLDINGS LLC BALANCE SHEET December 31,2020 (Amounts in thousands) ASSETS Current assets: Accounts receivable,net $3,509 Amounts due from affiliates 85 Total current assets 3,594 Investment in subsidiaries 9,190,198 Goodwill 1,126,642 Other assets 29,095 Total assets $10,349,530 LIABILITIES AND EQUITY Current liabilities: Accounts payable $25 Income taxes payable - Total current liabilities 25 Equity: Common stock - Additional paid-in capital 6,217,086 Retained earnings 4,129,472 Accumulated other comprehensive income,net 2,947 Total equity 10,349,505 Total liabilities and equity $10,349,530 111 PPW HOLDINGS LLC STATEMENT OF OPERATIONS For the Year Ended December 31,2020 Omounts in thousands) Operating revenue $- Operating costs and expenses: Operations and maintenance 25 Total operating costs and expenses 25 Operating income (25) Other income (expense): Interest income 1,977 Other 739,336 Total other income (expense)741,313 Income before income tax benefit 741,288 Income tax benefit 549 Net income 740,739 Net income attributable to noncontrolling interests 162 Net income attributable to PPW Holdings LLC $740,577 112 Fossil Rock Fuels,LLC Affiliated Transactions For the Period from January 1,2020 to August 26,2020(a) PacifiCorp PacifiCorp Account Description Received Services Provided Services N/A $-$- Total $-$- Basis of pricing N/A N/A Cost of service N/A N/A The margin of charges over costs N/A N/A Assets allocable to the services N/A N/A The overall rate of return on assets N/A N/A (a)During the third quarter of 2020,PacifiCorp dissolved Fossil Rock Fuels,LLC.Accordingly,this report reflects the transactions between PacifiCorp and Fossil Rock Fuels,LLC that occurred between January 1,2020 and August 26,2020. During the period from January 1,2020 to August 26,2020,Fossil Rock Fuels,LLC paid dividends of $87,149,and returned $22,336,770 of capital to PacifiCorp. 113 Pacific Minerals,Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services (a)$-$- Total $-$- Basis of pricing N/A N/A Cost of service N/A N/A The margin of charges over costs N/A N/A Assets allocable to the services N/A N/A The overallrate of return on assets N/A N/A (a)Refer to Section III for information regarding loans and associated interest between PacifiCorp and Pacific Minerals,Inc. ("PMI") The following item is excluded from the table above: Employee services providedby PMI to BridgerCoal.PMI is the entity that employs the individuals that work for Bridger Coal.PMI charges Bridger Coal for these employees'services,including labor, pensions and benefits costs.Bridger Coal then inherently charges PacifiCorp for its 66.67%share of this payroll expense in the cost of fuel. During the year ended December 31,2020,BridgerCoal made equity distributions to PMI and PMI made equity contributions to BridgerCoal for a net distribution of $27,400,000. Duringthe year ended December 31,2020,PMI paid a dividendof $60,000,000 to PacifiCorp. PacifiCorp is party to an income tax-sharing arrangement and is part of the Berkshire Hathaway Inc. consolidated United States federal income tax return.For certain state income taxes,PacifiCorp is part of Berkshire Hathaway Energy Company ("BHE")combined or consolidated state income tax returns. PacifiCorp's provision for income taxes has been computed on a stand-alone basis.PacifiCorp remits federal and certain state income tax payments to PPW Holdings LLC.PPW Holdings LLC then remits income tax payments to BHE,and BHE remits any federal income tax payments to Berkshire Hathaway Inc. Under this arrangement,at December 31,2020,PPW Holdings LLC owed PacifiCorp and Pacific Minerals, Inc.$22,364,226 and $2,668,313,respectively. 114 PACIFIC MINERALS,INC. BALANCE SHEET December 31,2020 (Amounts in thousands) ASSETS Current assets: Cash and cash equivalents $1,234 Amounts due from affiliates 33,499 Other current assets 220 Total current assets 34,953 Investment in unconsolidated subsidiaries 74,231 Total assets $109,184 LIABILITIES AND EQUITY Current liabilities: Accounts payable $62 Amounts due to affiliates - Accrued employee expenses 3,423 Accrued property and other taxes 928 Total current liabilities 4,413 Deferred income taxes (17,951) Other long-term liabilities 781 Total liabilities (12,757) Equity: Common stock - Additional paid-in capital 47,960 Retained earnings 73,981 Total equity 121,941 Total liabilities and equity $109,184 115 PACIFIC MINERALS,INC. STATEMENT OF OPERATIONS For the Year Ended December 31,2020 (Amounts in thousands) Operating revenue $- Operating costs and expenses: Taxes other than income taxes 32 Operating loss (32) Other income (expense): Interest expense (2) Interest income 91 Other 20,204 Total other income (expense)20,293 Income beforeincome tax expense 20,261 Income tax expense 2,073 Net income $18,188 116 Bridger Coal Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Coal purchases W $127,986,980 $- Informationtechnology and administrative services -1,319,719 Total $127,986,980 $1,319,719 Basis of pricing (b)(c) Cost of service (b)(c) The margin of charges over costs None,(b)None Assets allocable to the services None None The overallrate of return on assets None None (a)Represents the cost of coal purchased by PacifiCorp from Bridger Coal Company ("Bridger Coal")during the year ended December 31,2020,and is PacifiCorp's 66.67%share equalto its ownership interest in Bridger Coal.Refer also to (b)below. (b)Although coal purchased from Bridger Coal is priced at Bridger Coal's cost plus a margin,coal purchases are reflected on PacifiCorp's books at Bridger Coal's cost and any margin is eliminated resulting in both fuel inventory and fuel expense being reflected at Bridger Coal's cost in PacifiCorp's state ratemaking and generally accepted accounting principles books.Costs are reflected as fuel inventory upon purchase and recognized as fuel expense as consumed. (c)Costs incurred by PacifiCorp on behalf of Bridger Coal are charged at direct cost.Labor is charged at PacifiCorp's fully loaded cost plus administrative and general expense. The following items are excluded from the table above: Services providedby Berkshire Hathaway Energy Company to BridgerCoal in the amount of $7,898. Services providedby HomeServices of America,Inc.to BridgerCoal in the amount of $61,881. Services providedby MidAmerican Energy Company to Bridger Coal in the amount of $36,975. Employee services providedby Pacific Minerals,Inc.("PMI")to Bridger Coal.PMI is the entity that employs the individualsthat work for Bridger Coal.PMI charges Bridger Coal for these employees' services,including labor,pensions and benefits costs.Bridger Coal then inherently charges PacifiCorp for its 66.67%share of this payroll expense as part of the coal purchases shown in the table above. Duringthe year ended December 31,2020,BridgerCoal made equity distributions to PMI and PMI made equity contributions to BridgerCoal for a net distribution of $27,400,000. 117 December31,2020 Bridger Coal Company Current Balance Current Balance ASSETS LIABILITIES Cash &Temporary Investments Accounts Payable -Trade AP Goods Received Not Invoiced -1,742,756.84 Cash JP Morgan Chase 5,105,765.09 AP Unpaid Invoices -1,400,853.90 Temporary investments 0.00 AP Manual Accrua1s -1,552,181.85 Total Cash and Temporary Investments 5,105 765.09 Acerued Settlement Provisions -10,145.00 Accounts Receivable Trade Total Accounts Payable Trade -4,705,937.59 AR Trade Idaho Power 6,302 734.00 Accounts Payable Intercompany AR Trade Return to Vendors 0.00 AP inco Pacific Electric Operations AR Employee Travel Advan 0.00 AP Inco PMI -4,075 662.88 AR Trade Other 3 232.60 AP Inco PaciñCorp -167,809.16 Total Accounts Receivable Trade 6,305 966.60 Total Accounts Payable Intercompany -4,243,472.04 Accounts Receivable interco Payroll Liabilities AR Inco PMI 0.00 Accrued Bonus -AIP Corporate 0.00 AR Inco PP&L 12,768 154.00 Accrued Bonus -Other -189,541.74 Total Accounts Receivable Interco 12,768 154.00 Accrued Retenbon Bonus 0.00 Coal inventory Accrued Severance -3,539,639.00 Surface Coal 186 875.07 Total Payroli Liabilities -3,729,180.74 Commingled Coal 0.00 Royalties and Taxes Payable UG CMILW Coal 24,719 446.73 Accrued Royalties -BLM -1,356,068.80 inventoried Coal Production Tax/Royalties 2,702 798.58 Accrued Royalties -ALC -151,254.87 Total Coal Inventory 27,609 120.38 Accrued Royalties -State ofWyoming 137,804.68 Material and Supplies Inventory Production Tax Payable -Severance -1,152,669.06 Materials and Supplies inventory-Surface 10,680 426.13 Production Tax Payable -Wyoming Extraction -11,082,844.86 Materials and Supplies Inventory-Underground 6,142 145.07 Production Tax Payable -Federal Reclamation -220,269.08 Materials and Supplies on Consignment 0.00 Production Tax Payable -Black Lung -93,709.55 Materials and Supplies Return Exchange Loaner 4 087.63 Taxes Payable -Property -707,123.47 Materials and Supplies inactive Obsolete Reserve -3,745 545.04 Taxes Payable -Sales &Use -169,464.25 Materials and Supplies Inventory Clearing 0.00 Total Taxes Payable -14,795.599.26 Total Material and Supplies Inventory 13,081 113.79 Other Non-Current Liabilities Prepayments and Other Current Assets Production Tax Long Term -4,539,287.07 OthCurAsset/Prepaid Expenses 0.00 ARO Reg.Liab.Unrealized Earnings -41,304,883.08 OthCurAsset/Diesel Clearing 0.00 ARO Regulatory Liability -75,932,514.72 OthCurAsset/Gasoline Clearing 0.00 ARD Liability -153,217,358.31 OthCurAsset/Nonissue Stock Clearing 0.00 Minority interest OthCurAsset/Emulsion Clearing 0.00 Total Other Non-Current Liabilities -274,994,043.18 OthCurAsset/KLS EPS Clearing 0.00 Total-Liabilities -302,468 232.81 OthCurAsset/Prill Clearing 0.00 OthCurAsset/Components Clearing 0.00 Equity OthCurAsset/Suspense 0.00 Total Prepays &Other Current Assets 0.00 Owner's Equity -Common Stock Investment in Subsidiary Common Stock investment in Subs -Bridger Total Owner's Equity -Common Stock 0.00 Total Investment in Subsidiary 0.00 Paid-in Capital Property Plant &Equipment Paid in Capital Land 6 211.00 Total Paid In Capital 0.00 Land Improvements 12,207 676.14 Contributions Mine Devedopment 20,960,258.64 Contributions -Pacific Minerais Inc.-58,000 000.00 Buildings &Improvements 46,303 376.63 Contributions -Idaho Energy Resources -29,000 000.00 Capitaíœed interest 410 399.65 Total Contributions -87,000 000.00 Haul Roads 15.370 873.97 Distributions Mining Equipment 168,106 833.80 Distributions -Pacine Minerals Inc.85,400 000.00 Vehicles 149,048,878.61 Distributions -Idaho Energy Resources 42,700 000.00 Ofnce Furniture &Equipment 160,487.65 Total Distributions 128,100 000 00 Computer Hardware &Software 4,576,750.62 Retained Earnings Other Equipment 11,893,684.33 Retained Earnings Mineral Rights 15,520,571.88 Current Year income -30 306 272 96 Sub-Total Property Plant and Equipment 444,566,002.82 Retained Earnings Pacine Minerals Inc.-81,426 495 51 Accumulated Depreciation Retained Earnings Idaho Energy Resources -40,713 247 70 AD Land Improvements -11,116,125.32 Total Retained Earnings -152.446,016 17 AD Mine Development -15,926,598.72 Total Equity -111,346.016.17 AD Buildings &Improvements -38,531,681.14 Total Liabilities and Equity -413,814,248.98 AD Capitalded 1nterest -342,222.90 AD Haul Roads -13,586,594.61 AD Mining Equipment -153,887,993.57 AD Vehicles -117,015,198.71 AD Of6ce Furniture &Equipment -152,435.51 AD Computer Hardware &Software -3,991,255.47 AD Other Equipment -10,419,003.20 AD Mineral Rights -12,300,309.17 Sub-Total Accumulated Depreciation -377,269,418.32 Total Property,Plant &Equipment 67,296,584.50 Construction Work in Process CWIP Additions 3,147,345 18 CW1P Capitalaations -1,677,455.71 Total Construction Work in Progress 1,469,889.47 Other Non-Current Assets Deferred Longwall 5.179,145.02 Reclamation Trust Fund 38,520,236.92 Reclamation Trust Earnings 124,692,583.59 Reclamation Trust Tax Withheld -5,757,610.90 Reclamation Trust Market Value 41,304,883.08 Reclamation Trust Orawdown -131,101,281.92 Reclamation Trust Adt!Contributions 2010 115,672,565.70 Asset Retirement Obligation 177,123,444.00 ARO-AccumulatedDepreciation -85,633,847.00 Employee Housing Project 177,436,66 Total Other Non-Current Assets 280,177,655.15 Total -Assets 413,814,248.98 1 18 December 31,2020 Bridger Coal Company Current Balance Current Year Income Coal Sales Revenue Revenue Coal PP&L -148,181,887.00 Revenue Coal Idaho Power -68,340,573.00 Total Coal Sales Revenue -216,522,460.00 Revenue Equity in Subsidiary Revenue Equity in Bridger Total Revenue Equity in Subsidiary 0.00 Other Operating Revenue Miscellaneous Other 0.00 Gain Loss on Sale of Assets 54,699.51 Third Party Interest -18,562.87 Total Other Operating Revenue 36,136.64 Total Revenue -216,486,323.36 Operating Expense Labor 37,576,490.00 AIP Bonus 626,879.00 Retention Bonus 0.00 Severance 786,309.00 Payroll Overhead 10,486,038.17 Employee Related 942,303.98 Materials &Supplies 39,222,643.32 Equipment 0.00 Outside Services 17,014,552.14 Administrative Other 668,965.89 Charge Outs 9,670,040.07 Total Operating Expense 116,994,221.57 Non-Operating Expense Depreciation and Amortization 33,148,240.78 Royalties 14,912,825.99 Taxes Other Than Income 20,429,721.96 Management Fee 670,800.00 Asset Abandonment 0.00 Total Non-Operating Expense 69,161,588.73 Total Expense 186,155,810.30 Profit Before Minority Interest and Taxes -30,330,513.06 Interest Expense Other Interest 24,240.10 Minority Interest Total Interest and Other 24,240.10 Income Before Federal Income Taxes -30,306,272.96 Federal Income Taxes Current Federal Income Tax Deferred Federal Income Tax Total Federal Income Taxes 0.00 Net Income -30,306,272.96 119 Trapper Mining Inc. Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Coal purchases W $16,849,542 $- Board of directors fees and associated board meeting costs -4,532 Total $16,849,542 $4,532 Basis of pricing (b)(c) Cost of service (b)(c) The margin of charges over costs None,(b)(c) Assets allocable to the services None (c) The overall rate of return on assets None (c) (a)Represents the cost of coal purchased by PacifiCorp from Trapper Mining Inc.during the year ended December 31,2020.Refer also to (b)below. (b)Although coal purchased from Trapper Mining Inc.is priced at Trapper Mining Inc.'s cost plus a margin,coal purchases are reflected on PacifiCorp's books at Trapper Mining Inc.'s cost and any margin is eliminated resulting in both fuel inventory and fuel expense being reflected at Trapper Mining Inc.'s cost in PacifiCorp's state ratemaking and generally accepted accounting principles books.Costs are reflected as fuel inventory upon purchase and recognized as fuel expense as consumed. (c)Charges for the board of directors'fees and associated board meeting costs are based on a flat fee of $1,000 per board meetings plus lodging expenses. Duringthe year ended December 31,2020,Trapper Mining Inc.paid a dividendof $60,573 to PacifiCorp. 120 TrapperMining Inc. Consolidated Balance Sheet December 31,2020 (Unaudited) Assets: CurrentAssets: Cash &Cash Equivalents $28,827,778 Accounts Receivable 8,017,130 Inventories 5,070,961 Prepaid and Other Current Assets 265,149 CurrentReclamationReceivablefrom Buyers 2,847,841 Total CurrentAssets .....................$45,028,859 Property,Equipmentand Facilities beforeFAS 143: Lands and Leases $17,748,984 DevelopmentCosts 2,834,815 Equipmentand Facilities 133,486,240 Total Property,Equipmentand Facilities (Cost)....$154,070,039 Less AccumulatedDepreciationand Amortization (126,248,182) Total Property,Equipmentand Facilities (Net).....$27,821,857 FAS 143 Property,Equipmentand Facilities (Net)..7,290,382 Grand Total Property,Equipmentand Facilities (Net)$35,112,239 ReclamationReceivablefrom Buyers 12,140,548 Restricted Funds -Black Lung 500,000 DeferredIncomeTax Asset - Total Assets ..............................$92,781,646 Liabilities and Members'Equity: Current Liabilities: Accounts Payable $3,167,202 Accrued Payroll Expenses 3,560,525 Accrued ProductionTaxes 1,195,472 Accrued Royalties 553,986 CurrentPortionAsset RetirementLiability 2,847,841 Total CurrentLiabilities ....................$11,325,026 Asset RetirementLiability 19,430,930 Other Long-Term Liabilities 793,332 Total Liabilities ...................$31,549,288 Members'Equity Paid in Capital @ 1/1/98 $20,324,925 Patronage Equity -Prior Year 36,585,819 Non-PatronageEquity -Prior Year 2,620,881 Patronage Equity -CurrentYear 1,869,280 Non-PatronageEquity -Current Year (168,547) Total Members'Equity .....................$61,232,358 Total Liabilities and Members'Equity .........$92,781,646 121 TRAPPER MINING INC CONSOLIDATED NET INCOME AS OF:DECEMBER 31,2020 NET INCOME YEAR TO DATE TRAPPER MINING 1,892,039.78 WILLIAMS FORK MINING (220,112.85) WILLIAMS FORK LAND (22,759.86) NET INCOME (LOSS)BEFORE TAX $1,649,167.07 TAX BENEFIT (PROVISION)51,566.00 NET INCOME (LOSS)AFTER TAX 1,700,733.07 SALT RIVER 32.10%(54,103.53) TRI-STATE 26.57%(44,782.88) PACIFICORP 21.40%(36,069.02) PLATTE RIVER 19.93%(33,591.38) TOTAL NONPATRONAGE INCOME (LOSS)(168,546.81) SALT RIVER 32.10%600,038.84 TRI-STATE 26.57%496,667.67 PACIFICORP 21.40%400,025.89 PLATTE RIVER 19.93%372,547.48 TOTAL PATRONAGE INCOME (LOSS)1,869,279.88 TOTAL INCOME (LOSS)1,700,733.07 122 PacifiCorp Foundation Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Administrative support services $-$162,444 Total $-$162,444 Basis of pricing N/A (a) Cost of service N/A (a) The margin of charges over costs N/A None Assets allocable to the services N/A None The overall rate of return on assets N/A None (a)Costs incurred by PacifiCorp on behalf of affiliates are charged at direct cost.Labor is charged at PacifiCorp's fully loaded cost plus administrative and general expense. 123 PacifiCorp Foundation Statement of Financial Position (in dollars) (Unaudited -Internal Use Only) 12/31/2020 Assets: Cash $(0) Restricted investments: Interest receivable - Commingled investments 57,317,893 Total restricted investments 57,317,893 Total assets 57,317,893 Liabilities: Accounts payable 9,422 Grants payable - Total liabilities 9,422 Net assets $57,308,470 6 124 PacifiCorp Foundation Statement of Income and Changes in Net Assets For the Year Ended December 31,2020 (in dollars) (Unaudited -Internal Use Only) Year-to-Date Revenue and contributions: Stock Contribution made by PacifiCorp - Interest income $48 Dividends 986,195 Realized gain/(loss)on sale of investment 911,589 Unrealized gain/(loss)on investment 5,599,230 Capital gains on partnership investments 116,807 Miscellaneous income:security litigation income 580 Total revenues/(losses)and contributions 7,614,449 Expenses: Grants: Health,welfare and social services 561,500 Education 530,150 Culture and arts 189,875 Civic and community betterment 242,755 Giving campaign match 367,476 Matching gift program 68,714 Small community capital projects 126,700 Rocky Mountain Power Foundation special grants 159,280 Pacific Power Foundation special grants 27,400 Global Days of Service 80,160 Other Community Pledge - Grants expensed in prior periods (20,000) Total grants 2,334,009 Administrative expenses 187,444 Investment management fees 2,183 Taxes 42,968 Bank fees 3,545 Total expenses 2,570,151 Net assets increase (decrease)5,044,298 Net assets beginning of period 52,264,171 Net assets end of period $57,308,470 7 125 Cottonwood Creek Consolidated Irrigation Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Annual assessment fees $327,886 $- Total $327,886 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs None N/A Assets allocable to the services None N/A The overall rate of return on assets None N/A (a)Under section 501(c)l2 of the Internal Revenue Code,Cottonwood Creek Consolidated Irrigation Company operates at cost. At December 31,2020,PacifiCorp'splant-in-service included the following assets related to Cottonwood Creek Consolidated Irrigation Company:$6,052,845 ($4,418,074 net of accumulated depreciation)for a water supply project (including allowance for funds used during construction and capital surcharge)and $65,431 ($27,218 net of accumulated depreciation)for water rights. 126 Cottonwood Creek Consolidated IrrigationCompany Income Statement For the Year Ending December 31,2020 Beginning Ending Account Name Balance Receipts Disbursements Balance General Fund $389,289 $56,705 $60,383 $385,610 Loan Payment -276,000 276,000 Interest Earnings 32,538 26,832 -59,371 Stock Water Pipeline 52,651 10,350 4,535 58,466 Project Water Fund -22,382 22,382 River Commissioner 10,149 -4,752 5,397 Swasey Ditch 5,017 882 -5,899 Peacock Ditch 11,091 2,438 -13,529 Joe's Valley/Black Caynon (3,359)7,759 -4,400 Fund Adjustment 25,011,087 276,000 3,314 25,283,773 25,508,463 679,348 371,365 25,816,446 O&M O&M Irrigation 36,104 62,920 62,993 36,031 Mammoth Canal 5,279 5,279 36,104 68,199 68,271 36,031 O&M Reservior -14,049 14,049 Total O&M 36,104 82,248 82,320 36,031 Construction Project Capitalization -88,879 5,495 83,384 C&W -2,208 16,034 (13,825) Blue Cut -10,881 13,932 (3,051) Upper Mammoth -11,439 2,336 9,103 Lower Mammoth -33,541 14,563 18,979 Jorgensen/Wilberg --22,475 (22,475) Peacock Jones Curtis --244,178 (244,178) Total Construction -146,948 319,011 (172,063) Grand Total $25,544,566 $908,544 $772,697 $25,680,414 127 Cottonwood Creek Consolidated irrigation Company Balance Sheet December 31,2020 Beginning Ending Account Name Balance Receipts Disbursements Balance EUCCUSavings $25 $-$-$25 Zions Bank -Payroll 2,147 42,608 43,240 1,515 Zions Bank -Construction 14,756 73,069 77,352 10,474 Zions Bank -Operating 443,494 245,861 68,303 621,052 EUCCU Checking -302,007 300,963 1,044 EUCCU Money Market 410,830 1,695 46,336 366,189 Accounts Receivable 25,485 534,710 557,477 2,718 Zions CD 12 Month 251,391 4,274 255,664 EUCCUCD 24 Month 315,383 7,998 -323,381 EUCCUCD 60 Month 421,603 12,859 -434,462 Property &Equipment 28,763,680 --28,763,680 Inventory 13,875 --13,875 Accounts Payable --268 (268) Loan UT Water Resources (5,118,102)260,369 (4,857,733) Totals $25,544,566 $1,485,450 $1,349,602 $25,680,414 128 Ferron Canal &Reservoir Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Annual assessment fees $669,113 $- Payment for water rights (0 577,878 - Credit received (0 (214,484)- Total $1,032,507 $- Basis of pricing (b)N/A Cost of service (b)N/A The margin of charges over costs None N/A Assets allocable to the services None N/A The overallrate of return on assets None N/A (a)During the year ended December 31,2020,PacifiCorp paid for the right to obtain 7,000 acre-feet of water and received a credit representing PacifiCorp's share of the water rights payment based on its percentage ownership in Ferron Canal &Reservoir Company. (b)Under section 501(c)12 of the Internal Revenue Code,Ferron Canal &Reservoir Company operates at cost. At December 31,2018,PacifiCorp'splant-in-service included the following asset related to Ferron Canal & Reservoir Company:$383,772 ($159,640 net of accumulated depreciation)for water rights. 129 FERRON CANAL &RESERVOIR CO. Balance Sheet As of December 31,2020 Dec 31,20 ASSETS Current Assets Checking/Savings DESERTVIEW CHECKING 214,199.44 DESERTVIEW FEDERAL CREDIT UNIONMASTERSHARES 2,524,208.37 SHARE ACCOUNT 28.25 Total DESERTVIEW FEDERAL CREDIT UNION 2,524,236.62 MILLSITE REHABILITATION ACCOUNT 991,840.72 SEDIMENT MITIGATION ACCT 18,128.06 ZION'S BANK 338,940.68 Total Checking/Savings 4,087,345.52 Accounts Receivable Accounts Receivable -1.76 Total Accounts Receivable -1.76 Total Current Assets 4,087,343.76 TOTAL ASSETS 4,087,343.76 LIABILITIES &EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable -130,679.13 Total Accounts Payable -130,679.13 Other Current Liabilities Payroll Liabilities 726.54 Total Other Current Liabilities 726.54 Total Current Liabilities -129,952.59 Total Liabilities -129,952.59 Equity Retained Earnings 3,163,554.34 Net Income 1,053,742.01 Total Equity 4,217,296.35 TOTAL LIABILITIES &EQUITY 4,087,343.76 130 FERRON CANAL &RESERVOIR CO. Profit &Loss January through December 2020 Jan -Dec 20 Income*WATER LEASE 4,000.00 INCOME CERTIFICATE TRANSFERS 55.00 MILLSITE REHAB STATE FUNDS 5,211,756.54 INCOME -Other 91,823.40 Total INCOME 5,303,634.94 REVENUE 1,549,211.20 SOLAR -SWINERTON 42,908.13 Total Income 6,899,754.27 Gross Profit 6,899,754.27 Expense Bank Service Charge 3.00 EQUIPMENT LEASE 8,400.00 TOOLS 635.97 Total EQUIPMENT 9,035.97 GENERAL BOARDMEMBER 930.00 HEALTH INSURANCE ALLOWANCE 32,400.00 INSURANCE 30,685.00 LEGAL NOTICE 40.00 LOAN PAYMENTS 163,100.00 OFFICE SUPPLIES 6,105.24 PAYROLL EXPENSES 113,483.57 PERMITS 344.13 POWER 3,404.37 REGISTRATIONS 180.00 TELEPHONE 4,683.28 TRAVEL EXPENSE 375.00 WATER/POP/GROCERIES 968.65 GENERAL -Other 5,812.50 Total GENERAL 362,511.74 IRRIGATION REPAIRS 11,403.77 SUPPLIES 29,749.37 Total IRRIGATION 41,153.14 MAINTENANCE BUILDING 35,190.59 EQUIPMENT PURCHASES 49,125.43 EQUIPMENT REPAIRS 13,413.34 FUEL 11,521.90 NORTH 90.00 STOCKWATER LINE 3,200.00 SUPPLIES 9,389.27 Total MAINTENANCE 121,930.53 MILLSITE REHABILITATION EMERY COUNTY FERRON CANAL PORTION 1,714,348.42 STATE OF UTAH PORTION 1,069,022.94 EMERY COUNTY -Other 40.00 Total EMERY COUNTY 2,783,411.36 131 FERRON CANAL &RESERVOIR CO. Profit &Loss JanuarythroughDecember 2020 Continued Jan -Dec 20 ENGINEERING SERVICES MILLSITE 1,770,128.39 IN-KIND MATCH EXPENSES 31,366.63 MILLSITE REHABILITATION -Other 13,547.97 Total MILLSITE REHABILITATION 4,598,454.35 Reconciliation Discrepancies -0.01 SOLAR PROJECT SOLAR -ELDON PRICE 29,615.60 SOLAR -MIKE RILEY 307.49 SOLAR PROJECT -Other 32,458.95 Total SOLAR PROJECT 62,382.04 TRANSFER TO CHECKING 650,000.00 VEHICLES REGISTRATION 541.50 Total VEHICLES 541.50 Total Expense 5 84A 012 28 Net Income 1,063,742.01 132 Huntington Cleveland Irrigation Company Affiliated Transactions For the Year Ended December 31,2020 PacifiCorp PacifiCorp Account Description Received Services Provided Services Annual assessment fees $528,309 $- Total $528,309 $- Basis of pricing (a)N/A Cost of service (a)N/A The margin of charges over costs None N/A Assets allocable to the services None N/A The overall rate of return on assets None N/A (a)Under section 501(c)l2 ofthe Internal Revenue Code,Huntington Cleveland Irrigation Company operates at cost. At December 31,2018,PacifiCorp's plant-in-service included the following assets related to Huntington Cleveland Irrigation Company:$22,292,513 ($12,886,779 net of accumulated depreciation)for a water supply project (including allowance for funds used during construction and capital surcharge)and $1,471,639 ($489,798 net of accumulated depreciation)for water rights. 133 IlUNTINGTON-CLEVELAND fRRIGATION COMPANY STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31,2019 AND 2020 TífTAL ALL FUNDS 2019 2020 ASSETS CURRENT ASSETS: Cash and cash equivalents $368.242 $367,642 Accounts receivable: Sharcholder assessmeras 22.686 24.277 Prepaid Insurance 6.934 6,501 Total current assets $397,862 $398,420 NONCURRENT ASSETS: Fixed Assets: Land $4L722 5 41,722 Buildings 8 1,320 8 1,320 Easements ]16.7l8 116,718 Waler rights 3,096,469 3,096,469 Vehicles !6,487 !6,487 OIRee equipment 5,840 7,291 Other equipment 62,496 62,496 Diversion structures 72,143 99.2()4 Storage ûlcilities improvements 4,797,808 4,797,807 Irrigation System 56,925.942 56.925,942 Accumulated depreciation (9.159.570)(10.384,137) Total noncurrent assets $56,057.375 $54,861,319 Total assets $56.455,237 5 55,259,739 134 (Continued) IllNTINGTON-CLEVELAND IRRIGATION COMPANY STATEMENTSOFFINANCIAI POSITION AS OF DECEMBER 31,2019 AND 2020 TOTAL ALL FUNDS 2019 2020 IJABII.!TlES AND NRT ASSETS CURRENT L1ABIl]Til S: Accounts payable $2.283 $474 Wages payable 4,772 3,599 Payroll taxes payable 51)98 5,110 Accrued interest payable 3,\10 3,008 Current portion ol'long-term liabilitics 139,690 138.585 Total current liabilities $l 54,953 $150,776 LONG-TERM LIABillflES: Notes payable (Note 6)$2,674,146 $2.535,543 Total long-term liabilitics $2,674,146 $2.535,543 Total liabilities S 2.829.099 $2,686.319 NET ASSETS: Without donor restrictions Unrestricted:$53,626,138 $52,573,420 Total net assets $53.626,138 $52.573.420 Total liabilities and net assets $56.455.237 $55.259.739 135 llUNTINGTON-CLEVEIANDIRRIGATIONCOMPANY STATEMENT OF ACTIVITIES FOR THE VEARS I:NDED DECEMIWR 31,2019 AND 2020 2019 2020 UNRESTRICTED UNRESTRICTED OPERATJONS&OPERATIONS& MAINTENANCE MAINTENANCE Charges for Services. A Water Assessment S 175,893 $176,046 O Water Assessmeni 90,884 90,884 Municipal and Industry Assessment 577,927 5781M3 Lawrence Project 7,444 Meter Assessment 3 LS75 34.875 Minimal AssessmentAdjusiments 2.549 2,804 Nel charges for services $886,572 $882,652 Govenunental grants (restated)3 5,975 5 8,350 Other Revenue: Cernficalc Transfers S 2.613 S 5,130 Late Fees 6,052 1,336 Interesi 3.609 L532 Reimbursements 8,776 19,795 Miscellaneous I,82ß 6,232 Eatal other revenue $22,878 5 34.025 Totai revenues 5 915,425 $925,027 Expenses. Prognim services. Water Masler Wage S 66.680 $69,574 Reservoir Manager Wage 18,378 18,378 Payroll Benellis 15,495 7.072 Non project water O &M 2.776 1,868 Charge for water through the reservoir 500 Joes Valley Dam Rcpaymen!26,198 26,198 O&M-EWCD 30,821 30,821 Huntingion Dam Repayment I I,154 I LI54 Water SystemMaintenance 420,694 427 613 Water Rigius Assessments 20.728 25 926 Beaver &Muskrat Control 800 Vehicle and Equipmeni Expense 15,03I 5 651 Material and Supplies I 1,818 3.240 lasurance 13954 14,329 Deprecnition L212,291 1,224.567 Inlerest expense 37,698 36,199 Miscellaneous 2,4 14 15,173 Total program expenses S 1,906,631 $1,918,863 136 (Continued) IlUNTlNGTON-OfÆVELAND lRRIGATION COMPANY STATEMENTSOF ACTIVITIES FOR THE YEARS ENDED DECEMBER31.2019 AND 2020 2019 2020 UNRESTRICTED UNRESTRICTED OPERATiONS&OPERATIONS& MAINTENANCE MAlNTENANCE Suppon Services. SecretaryWage $28,258 S 29,612 INyroll 13eneGts 2,235 2,393 Office Rent 3 300 Accounung and Audiling 6.850 8.220 Legal fees 3:128 5.27I Telephone and Internel 6,006 6.735 Office Supplies 1,606 4.630 Postage 693 LO23 Meetings 50 13ank Charges and Fees 493 511 Travel I.707 474 Total suppen services 5 54,626 $58,882 Total expenses 5 1,961,257 $1,977.745 Change in nel assels $(1,015,831)5 (1,052,718) Net assels.heginumg of year 54.671.970 53,626.138 Nel assets.end of yetu $53,626.138 5 52,573,110 137 III.Loans The following information on loans to and from affiliates of PacifiCorp includes the following: A.The month-end amounts outstanding,separately for short-term and long-term loans. B.The highest amount outstandingduring the year,separately for short-term and long-term loans. C.A description of the terms and conditions for loans,including the basis for interest rates. D.The total amount of interest chargedor credited and the weightedaverage rate of interest,separately for short-term and long-term loans. E.Specify the commission order(s)approving the transaction,where such approval is required by law. 138 Loan Summaryto and from affiliates for the year ended December 31,2020 Pacific Minerals,Inc. A.The month-end amounts outstanding,separately for short-term and long-term loans. Short-term loans: January -December (a) Long-term loans:N/A B.The highest amount outstanding during the year,separately for short-term and long-term loans. Maximum short-term loan to affiliate: Amount $8,218,000 Date July 15,2020 Maximum short-term loan from affiliate: Amount $60,000,000 Date January l,2020 Long-term loans to or from affiliate:N/A C.A description of the terms and conditions for loans,including the basis for Pursuant to the terms and interest rates,conditions of the Umbrella Loan Agreement D.The total amount of interest charged or credited and the weighted average rate of interest,separately for short-term and long-term loans. Short-term loans: Interest expense charged $68,13l Interest income credited $1,908 Weighted average interest rate (a) Long-term loans:N/A E.Specify the commission order(s)approvingthe transaction,where such approval Refer to Appendix A is required by law. (a)Refer to the "PacifiCorp -Pacific Minerals,Inc.UmbrellaLoan Agreement Transaction Statement"on the following page for detail of month-end loan amounts outstanding,interest charged or credited,and the rates of mterest. 139 PacifiCorp -Pacific Minerals,Inc.("PMI")Umbrella Loan AgreementTransactionStatement Principal Principal Principal Principal Outstanding Interest Interest Expense Interest Income Advanced Repaid Advanced Repaid Month-end Rate Incurred Earned to PacifiCorp by PaciñCorp to PMI by PMI Balance W Range by PacifiCorp by PacifiCorp Dec '19 $(60,000,000) Jan '20 $-$60,000,000 $-$--1.7545%-2 0500%$66,586 $ Feb'20 ------ Mar '20 ----- Apr'20----- May '20 --462,000 (462,000)-0.3000%-0 5500%-99 June '20 --3,223,000 (3,223,000)-0.2000%-0.3000%-389 July '20 --8,218,000 (4,300,000)3,918,000 0.1800%-0.2000%-748 Aug '20 --4,000,000 (7,918,000)-0 1700%-0.1800%-644 Sep '20 --1,000,000 (1,000,000)-0 1700%-0.1700%-28 Oct '20 ------ Nov '20 ------- Dec '20 (24,835,000)---(24,835,000)0 1600%-0.1600%1,545 - Total $(24,835,000)$60,000,000 $16,903,000 $(16,903,000)$68,131 $1,908 (a)Outstanding month-end balances advanced to PacifiCorp are shown in parentheses,if applicable. 140 IV.Debt Guarantees If the parent guarantees any debt of affiliated interests,identify the entities involved,the nature of the debt, the original amount,the highest amount during the year ended December 31,2020,and the balance as of December 31,2020. PacifiCorp does not guarantee the debt of its subsidiaries or any of its affiliates. 141 V.Other Transactions Other transactions (utility leasing of affiliate property,affiliate leasing of utility property,utility purchase of affiliate property,material or supplies and affiliate purchase of utility property,material or supplies)are as follows: Other transactions are included in section II.Transactions. 142 VI.Employee Transfers By affiliate and job title,provide the total number of executive,management and professionalltechnical employees transferred to and from the utility.By affiliate,provide the total number of other employees transferred to and from the utility. Summary of PacifiCorp Employee Transfers to and from Affiliates during the year ended December 31,2020 Transfer of Employee to PacifiCorp from Affiliate Job Title Count Berkshire Hathaway Energy Company Senior Executive Assistant 1 MidAmerican Energy Company Communications Representative l Northern Natural Gas Company Vice President,Business Policy &Development l NV Energy,Inc.Joumeyman Plant Mechanic Hydroelectric 1 NVEnergy,Inc.Customer Service Associate 1 Total transfers from Affiliates 5 Transfer of Employee from PacifiCorp to Affiliate Job Title Count BHE Renewab les Superv isor,Plant 1 Mid American Energy Company Control Operator 1 MidAmerican Energy Company Director,Cyber Security 1 MidAmerican Energy Company Joumeyman Estimator l Total transfers to Affiliates 4 143 VII.Cost Allocations A description of each intra-company cost allocation procedure and a schedule of cost amounts,by account, transferred between regulatedand non-regulatedsegments of the company. 144 PacifiCorp Cost Allocation Manual for the year ended December 31,2020 Overview/Introduction This section describes the allocation of costs between PacifiCorp and its affiliates. On March 31,2006,PacifiCorp entered into an Intercompany AdministrativeServices Agreement ("IASA")between Berkshire Hathaway Energy Company ("BHE")and its subsidiaries.PacifiCorp is an indirect subsidiary of BHE,a holding company based in Des Moines,Iowa,owning subsidiaries that are primarily engaged in the energy business. Refer to attached IASA.The IASA covers: a)services by executive,management,professional,technical and clerical employees; b)financial services,payroll processing services,employee benefits participation,supply chain and purchase order processing services,tax and accounting services,contract negotiation and administration services,risk management services,environmental services and engineering and technical services; c)the use of office facilities,including but not limited to office space,conference rooms,furniture,equipment, machinery,supplies,computers and computer software,insurance policies and other personal property;and d)the use of automobiles,airplanes,other vehicles and equipment. Allocation Amounts and Methods BHE and subsidiaries to PacifiCorp Duringthe year ended December 31,2020,PacifiCorp was allocated costs by its non-regulated parent company,BHE, and certain of BHE's subsidiaries,some of which are non-regulated,as part of the administrative services under the IASA.The amounts included in section II.Transactions include both direct charges and allocated amounts.The allocated amounts were as follows: Total services provided as reported in Amount of services Affilate II.Transactions based on allocations Berkshire Hathaway Energy Company $4,054,460 $2,565,351 Kem River Gas Transmission Company 1,503 - MidAmerican Energy Company 4,183,286 3,230,433 Northem Natural Gas Company 54,484 - Nevada Energy Company 356 356 Nevada Power Company 197,597 110,490 Sierra Pacific Company 23,245 2,941 $8,514,931 $5,909,571 The amounts were allocated by BHE and its subsidiaries to PacifiCorp using eight differentformulae during the year ended December 31,2020.These formulae are as follows: a)A two-factorformula based on the labor and assets of each of BHE's subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 24.60%and November1 through December 31,2020 was 21.38%. b)The same two-factor formula as a)above,except excluding the labor and assets of BHE's international subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 28.52%and November1 through December 31,2020 was 24.10%. c)The same two-factorformula as b)above,except excluding the labor and assets of BHE GT&S and NVE Holdings,LLC subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 33.72%and November1 through December 31,2020 was 27.02%. d)The same two-factorformula as b)above,except excluding the labor and assets of HomeServices of America, Inc.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 35.09% and November1 through December 31,2020 was 29.26%. 145 e)A same two-factorformulaas a)above,except excluding the labor and assets of HomeServices of America, Inc.and BHE's Philippine subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 29.53%and November1 through December 31,2020 was 25.39%. f)The same two-factorformula as a)above,except excluding the labor and assets of BHE GT&S and NVE Holdings,LLC subsidiaries and BHE AltaLink Ltd.subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 38.17%and November1 through December 31,2020 was 28.61%. g)A formula based on the gross plant asset amounts of each of BHE's subsidiaries.PacifiCorp'sallocation percentage during the period of January 1 through October 31,2020 was 32.45%and November1 through December 31,2020 was 28.69%. h)A formula based on shared Information Technology infrastructure that is owned and/or managed by MidAmerican Energy Company.PacifiCorp'sallocation percentage during the period of January 1 through December 31,2020 was 1.33%. PacifiCorp to BHE and subsidiaries Duringthe year ended December 31,2020,PacifiCorp allocated costs to its non-regulated parent company,BHE,and certain of BHE's subsidiaries,some of which are non-regulated,as part of the administrative services under the IASA. The amounts included in section II.Transactions include both direct charges and allocated amounts.The allocated amounts were as follows: Total services provided as reported in Amount of services Affiliate II.Transactions based on allocations Berkshire Hathaway Energy Company $1,379,922 $27,121 BHE AltaLink 48,264 46,502 BHE GT&S 76,463 28,737 BHE Renewables,LLC 80,081 75,345 BHE U.S.Transmission,LLC 21,504 3,649 CalEnergy Philippines 1,657 1,620 Electric Transmission Texas,LLC 1,986 - HomeServices of America,Inc.141,229 131,470 Kern River Gas Transportatin 139,114 19,063 MATL (Montana Alberta LLP)28,910 - MidAmerican Energy Company 408,752 265,833 MidAmerican Energy Services,LLC 11,025 10,593 Midwest Capital Group,Inc.213 207 MTL Canyon Holdings LLC 9,101 - Nevada Power Company 90,572 88,072 Northern Natural Gas Company 126,207 86,573 Northern Powergrid Holdings Company 68,739 66,607 NV Energy,Inc.31,761 1,019 Sierra Pacific Power Company 53,237 51,780 $2,718,737 $904,191 The amounts were allocated by PacifiCorp to BHE and its subsidiaries using six differentformulae during the year ended December 31,2020.These formulae are as follows: a)A two-factorformula based on the labor and assets of each of BHE's subsidiaries.The percentage that PacifiCorp allocated to BHE and its subsidiaries during the period of January 1 through October 3 l,2020 was 75.40%and November1 through December 31,2020 was 78.62%. b)The same two-factorformula as a)above,except excluding the labor and assets of BHE's international subsidiaries.The percentage that PacifiCorp allocated to BHE and its subsidiaries during the period of January l through October 31,2020 was 71.48%and November1 through December 31,2020 was 75.90%. 146 c)The same two-factor formula as b)above,except excluding the labor and assets of NVE Holdings,LLC subsidiaries.The percentage that PacifiCorp allocated to BHE and its subsidiaries during the period of January 1 through October 31,2020 was 64.91%and November 1 through December 31,2020 was 70.40%. d)The same two-factorformulaas b)above,except excluding the labor and assets of HomeServices of America, Inc.The percentage that PacifiCorp allocated to BHE and its subsidiaries during the period of January 1 through October 31,2020 was 70.47%and November1 through December 31,2020 was 74.61%. e)A same two-factorformulaas a)above,except excluding the labor and assets of HomeServices of America, Inc.and BHE's Philippine subsidiaries.The percentage that PacifiCorp allocated to BHE and its subsidiaries during the period of January 1 through October 31,2020 was 67.55%and November1 through December 31,2020 was 71.31%. f)A formula based on shared Information Technology infrastructure that is owned and/or managed by MidAmerican Energy Company.The percentage that PacifiCorp allocated to BHE and its subsidiaries the period of January 1 through December 31,2020 was 98.67%. 147 INTERCOMPANY ADMINISTRATIVE SERVICES AGREEMENT BETWEEN MIDAMERICAN ENERGY HOLDINGS COMPANY AND ITS SUBSIDIARIES This IntercompanyAdministrativeServices Agreement("Agreement")is entered into as of March 31,2006 by and between MidAmerican Energy Holdings Company (hereinafterthe "Company")and its direct and indirect subsidiaries(hereinafterthe "Subsidiaries")(each a "Party"and togetherthe "Parties"). WHEREAS,the Company provides senior management,executive oversight and other administrative services that providevalueto and benefitthe Subsidiaries as entities in the consolidatedgroup; WHEREAS,the Subsidiaries have access to professional,technical and other specialized resources that the Companymay wish to utilize from time to time in the provisionof such administrativeservices;and WHEREAS,the Company and Subsidiaries may desire to utilize the professional,technical and other specialized resources of certain Subsidiaries; NOW,THEREFORE,in consideration of the premises and mutual agreements set forth herein,the Companyand Subsidiaries agree as follows: ARTICLE 1.PROVISION OF ADMINISTRATIVESERVICES Upon and subject to the terms of this Agreement,services will be provided between and among the Company and its Subsidiaries that are not directly applicable to the production,distribution or sale of a product or service available to customers of the Company or its subsidiaries ("AdministrativeServices"). For purposes of this Agreement,AdministrativeServicesshall include,but not be limited to the following: a)services by executive,management,professional,technical and clericalemployees; b)financial services,payroll processing services,employee benefits participation,supply chain and purchase order processing services,tax and accounting services,contract negotiation and administration services,risk managementservices,environmentalservices and engineering and technical services; c)the use of office facilities,including but not limited to office space,conference rooms,furniture, equipment,machinery,supplies,computers and computer software,insurance policies and other personal property; d)the use of automobiles,airplanes,other vehiclesand equipment; 148 To obtain specialized expertise or to achieve efficiencies,the following situations may arise under this Agreement whereby Administrative Services may be provided between and among the Company and its Subsidiaries: a)The Company may directly assign or allocate common costs to the Subsidiaries, b)The Companymay procureAdministrativeServicesfrom the Subsidiaries for its own benefit, c)The Company may procure Administrative Services from the Subsidiaries for subsequent allocationto some or all Subsidiaries commong benefiting,or d)The Subsidiaries may procureAdministrative Servicesfrom each other. ARTICLE 2.DEFINfTIONS For purposes of this Agreementthese terms shall be definedas follows: (a)"Laws"shall mean any law,statute,rule,regulation or ordinance. (b)"State Commissions"shall mean any state public utility commission or state public service commission with jurisdiction over a rate-regulatedParty. (c)"Subsidiaries"shall mean current and future direct and indirect majority-ownedsubsidiaries of the Company. ARTICLE 3.EFFECTIVE DATE This Agreement shall be effective as of the date set forth above;provided,however,that in those jurisdictions in which regulatory approvalis required before the Agreement becomes effective,the effective date shall be as of the date ofsuch approval. ARTICLE 4.CHARGESAND PAYMENT (a)CHARGES. Parties shall charge for AdministrativeServices on the followingbasis: (i)Direct Charges:The Party receivingthe benefitof AdministrativeServices ("Recipient Party")will be charged for the operating costs incurred by the Party providing the Administrative Services ("Providing Party"),including,but not limited to,allocable salary and wages,incentives,paid absences,payroll taxes,payroll additives (insurance premiums,health care and retirement benefits and the like),direct non-laborcosts,if any,and similar expenses,and reimbursementof out-of-pocketthird party costs and expenses. (ii)Service Charges:Costs that are impractical to charge directly but for which a cost/benefit relationship can be reasonably identified.A practical allocation method will be established by Providing Party that allocates the cost of this service equitablyand consistently to the Recipient Party.Any changes in the methodology will be communicated in writing to rate-regulated subsidiaries at least 180 days beforethe implementation of the change. (iii)Allocations:Costs incurred for the general benefit of the entire corporate group for which direct charging and service charges are not practical.An allocation methodology will be established and used consistently from year to year.Any changesto the methodology will be communicated 149 in writing to rate-regulated subsidiaries at least 180 days before the implementation of the change. The charges constitute full compensation to the Providing Party for all charges,costs and expenses incurred by the ProvidingParty on behalf of the Recipient Party in providingthe Administrative Services, unless otherwise specifically agreedto in writing betweenthe Parties. If events or circumstances arise which,in the opinion of the Parties,render the costs of providing any AdministrativeServices materially different from those charged under a specific rate or formula then in effect,the specific rate or formulas shall be equitably adjustedto take into account such eventsor changed circumstances. Providing Parties will bill each and all Recipient Parties,as appropriate,for Administrative Services renderedunder this Agreementin as specific a manner as practicable.To the extent that direct charging for services renderedis not practicable,the ProvidingParty may utilize allocation methodologies to assign charges for services rendered to the Recipient Party,reflective of the drivers of such costs.Such allocation methodologiesmay utilize allocation bases that include,but are not limited to:employee labor, employee counts,assets,and multi-factor allocation formulae. Any cost allocation methodology for the assignment of corporate and affiliate costs will comply with the followingprinciples: i)For AdministrativeServicesrenderedto a rate-regulatedsubsidiaryof the Company or each cost categorysubject to allocation to rate-regulatedsubsidiaries by the Company,the Companymust be able to demonstratethat such service or cost category is reasonablefor the rate-regulatedsubsidiary for the performanceof its regulatedoperations,is not duplicativeof AdministrativeServicesalreadybeingperformedwithin the rate-regulatedsubsidiary,and is reasonableand prudent. ii)The Companyand ProvidingParties will have in place positivetime reportingsystems adequateto supportthe allocation and assignmentof costs of executivesand other relevant personnelto Recipient Parties. iii)Parties must maintain recordssufficientto specifically identify costs subject to allocation, particularly with respect to their origin.In addition,the records must be adequatelysupported in a manner sufficient to justify recoveryof the costs in rates of rate-regulatedsubsidiaries. iv)It is the responsibility of rate-regulatedRecipient Parties to this Agreementto ensure that costs which would have been denied recoveryin rates had such costs been directly incurred by the regulated operation are appropriatelyidentified and segregated in the books of the regulated operation. (b)PAYMENT. (i)Each Providing Party shall bill the Recipient Party monthly for all charges pursuant to this Agreement via billings to the Company.The Company,in its capacity as a clearinghouse for 150 intercompany charges within the Company shall aggregateall charges and bill all Recipient Parties in a single bill.Full payment to or by the Company for all AdministrativeServicesshall be made by the end of the calendar month following the intercompany charge.Charges shall be supported by reasonable documentation,which may be maintained in electronic form. (ii)The Parties shall make adjustments to charges as requiredto reflect the discoveryof errors or omissions or changes in the charges.The Parties shall conduct a true-up process at least quarterly and more frequently if necessary to adjust charges based on reconciliation of amounts charged and costs incurred.It is the intent of the Parties that such true-up process will be conducted using substantially the same process,procedures and methods of review as have been in effect prior to execution of this Agreement by the Parties. ARTICLE 5.GENERALOBLIGATIONS;STANDARDOF CARE Rate-regulatedParties will comply with all applicable State and Federal Laws regarding affiliated interest transactions,including timely filing of applications and reports.The Parties agree not to cross-subsidize between the rate-regulatedand non-rate-regulatedbusinesses or betweenany rate-regulatedbusinesses, and shall comply with any applicable State Commission Laws and orders.Subject to the terms of this Agreement,the Parties shall performtheir obligations hereunderin a commercially reasonablemanner. ARTICLE 6.TAXES Each Party shall bear all taxes,duties and othersimilar charges except taxes based upon its gross income (and any related interest and penalties),imposed as a result of its receipt of AdministrativeServices under this Agreement,including without limitation sales,use,and value-addedtaxes. ARTICLE 7.ACCOUNTINGAND AUDITING ProvidingParties and the Companyshall maintain such books and recordsas are necessary to supportthe charges for AdministrativeServices,in sufficientdetail as may be necessary to enablethe Parties to satisfy applicable regulatoryrequirements("Records").All Parties: (a)shall provide access to the Records at all reasonabletimes; (b)shall maintain the Records in accordance with good record management practices and with at least the same degreeof completeness,accuracy and care as it maintains for its own records;and (c)shall maintain its own accountingrecords,separate fromthe other Party's accountingrecords. Subject to the provisionsof this Agreement,Records supportingintercompanybillings shall be availablefor inspection and copying by any qualified representative or agent of either Party or its affiliates,at the expense of the inquiring Party.In addition,State Commission staff or agents may audit the accounting records of ProvidingParties that formthe basis for charges to rate-regulatedsubsidiaries,to determine the reasonableness of allocation factors used by the ProvidingParty to assign costs to the Recipient Party and amounts subject to allocationor direct charges.All Parties agree to cooperate fully with such audits. 151 ARTICLE 8.BUDGETING In advance of each budget year,Providing Parties shall prepareand deliver to the Recipient Parties,for their reviewand approval,a proposed budgetfor Administrative Services to be performedduring that year. The approved schedule of budgeted Administrative Services shall evidence the base level of AdministrativeServices.The schedule shall be updatedat least annually.Each Party shall promptly notify the other Party in writing of any requested material change to the budget costs for any service being provided. ARTICLE 9.COOPERATIONWITH OTHERS The Parties will use good faith efforts to cooperate with each other in all matters relating to the provision and receipt of AdministrativeServices.Such good faith cooperationwill include providing electronic access in the same manner as provided other vendors and contractors to systems used in connection with Administrative Services and using commercially reasonable efforts to obtain all consents,licenses, sublicenses or approvals necessaryto permk each Party to performits obligations.Each Party shall make availableto the other Party any informationrequired or reasonably requested by the other Party regarding the performanceof any AdministrativeServiceand shall be responsiblefor timely providingthat information and for the accuracy and completeness of that information;provided,however,that a Party shall not be liable for not providingany informationthat is subject to a confidentiality obligation owed by it to a personor regulatory body other than an affiliate of it or the other Party.Either Party shall not be liable for any impairmentof any AdministrativeService caused by it not receivinginformation,either timely or at all,or by it receiving inaccurate or incomplete information from the other Party that is required or reasonably requestedregardingthat AdministrativeService.The Parties will cooperatewith each otherin making such information available as needed in the event of any and all internal or external audits,utility regulatory proceedings,legal actions or dispute resolution.Each Party shall fully cooperate and coordinate with each other'semployees and contractors who may be awarded other work.The Parties shall not commit or permit any act,which will interfere with the performance of or receipt of AdministrativeServicesby either Party's employeesor contractors. ARTICLE 10.COMPLIANCEWITH ALL LAWS Each Party shall be responsible for (i)its compliance with all laws and governmentalregulations affecting its business,including but not limited to,laws and governmental regulations governingfederal and state affiliate transactions,workers'compensation,health,safety and security,and (ii)any use it may make of the AdministrativeServicesto assist it in complying with such laws and governmentalregulations. ARTICLE 11.LIMITATIONOF LIABILITY Notwithstandingany other provision of this Agreementand except for (a)rights provided under Article 12 in connection with Third-PartyClaims,(b)direct or actual damagesas a result of a breachofthis Agreement, and (c)liability caused by a Party's negligenceor willful misconduct,no Party nor their respective directors, officers,employees and agents,will have any liability to any other Party,or their respective directors, officers,employees and agents,whether based on contract,Warranty,tort,strict liability,or any other theory,for any indirect,incidental,consequential,special damages,and no Party,as a result of providing a Service pursuant to this Agreement,shall be liable to any other Party for more than the cost of the AdministrativeService(s)relatedto the claim or damages. 152 ARTICLE 12.INDEMNIFICATION Each of the Parties will indemnify,defend,and hold harmless each other Party,members of its Board of Directors,officers,employees and agents against and from any third-party claims resulting from any negligence or willful misconduct of a Party's employees,agents,representativesor subcontractors of any tier,their employees,agents or representativesin the performanceor nonperformanceof its obligations under this Agreementor in any way related to this Agreement.If a Third-Partyclaim arising out of or in connection with this Agreement results from negligence of multiple Parties (including their employees, agents,suppliers and subcontractors),each Party will bear liability with respect to the Third-PartyClaim in proportionto its own negligence. ARTICLE 13.DISPUTE RESOLUTION The Parties shall promptly resolve any conflicts arising under this Agreementand such resolution shall be final.If applicable,adjustments to the charges will be made as requiredto reflect the discoveryof errors or omissions in the charges.If the Parties are unable to resolve any service,performance or budget issues or if there is a material breach ofthis Agreement that has not been corrected within ninety (90)days,representatives of the affected Parties will meet promptly to reviewand resolve those issues in good faith. ARTICLE 14.TERMINATIONFOR CONVENIENCE A Party may terminate its participation in this Agreementeither with respect to all,or with respect to any one or more,of the AdministrativeServices provided hereunderat any time and from time to time,for any reason or no reason,by giving notice of terminationat least sixty (60)days in advanceof the effectivedate of the termination to enable the other Party to adjust its available staffing and facilities.In the eventof any termination with respect to one or more,but less than all,AdministrativeServices,this Agreementshall continue in full force and effect with respect to any AdministrativeServices not terminated hereby.If this Agreement is terminated in whole or in part,the Parties will cooperate in good faith with each other in all reasonable respects in order to effect an efficient transition and to minimize the disruption to the business of all Parties,including the assignment or transfer of the rights and obligations under any contracts. Transitionalassistance service shall include organizingand delivering records and documents necessary to allow continuation of the Administrative Services,includingdeliveringsuch materials in electronic forms and versions as reasonably requestedby the Party. ARTICLE I5.CONFIDENTIALINFORMATIONINONDISCLOSURE To the fullest extent allowed by law,the provision of any AdministrativeServiceor reimbursementfor any Administrative Service provided pursuant to this Agreement shall not operate to impair or waive any privilege available to either Party in connection with the Administrative Service,its provision or reimbursement forthe AdministrativeService. All Parties will maintain in confidence ConfidentialInformationprovidedto each other in connectionwith this Agreementand will use the Confidential Informationsolely for the purpose of carrying out its obligations under this Agreement.The term Confidential Information means any oral or written information,(including without limitation,computer programs,code,macros or instructions)which is made available to the Company,its 153 Subsidiaries or one of its representatives,regardless of the manner in which such information is furnished. Confidential Information also includes the following; a.All Information regardingthe Administrative Services,including,but not limited to,price,costs, methods of operationand software,shall be maintained in confidence. b.Systems used to perform the Administrative Services provided hereunderare confidentialand proprietary to the Company,its Subsidiaries or third parties.Both Parties shall treat these systems and all related procedures and documentationas confidentialand proprietary to the Company,its Subsidiaries or its third party vendors. c.All systems,procedures and related materials provided to either Party are for its internal use only and only as related to the Administrative Services or any of the underlying systems used to provide the Administrative Services. Notwithstanding anything in this Article 15 to the contrary,the term "Confidential Information"does not include any information which (i)at the time of disclosure is generally availableto and known by the public (other than as a result of an unpermitted disclosure made directly or indirectly by a Party),(ii)was available to a Party on a non- confidential basis from another source (provided that such source is not or was not bound by a confidentiality agreement with a Party or had any other duty of confidentiality to a Party),or (iii)has been independently acquired or developedwithout violating any of the obligations under this Agreement. The Parties shall use good faith efforts at the termination or expiration of this Agreement to ensure that all user access and passwords are cancelled. All ConfidentialInformationsupplied or developed by a Party shall be and remain the sole and exclusive property of the Party who suppliedor developed it. ARTICLE 16.PERMifTED DISCLOSURE Notwithstanding provisions of this Agreement to the contrary,each Party may disclose Confidential Information (i)to the extent required by a State Commission,a court of competent jurisdiction or other governmentalauthority or otherwise as required by law,including without limitation disclosure obligations imposed underthe federal securities laws,providedthat such Party has given the other Party prior notice of such requirementwhen legally permissible to permit the other Party to take such legal action to prevent the disclosure as it deems reasonable,appropriate or necessary,or (ii)on a "need-to-know"basis under an obligation of confidentialityto its consultants,legal counsel,affiliates,accountants,banks and other financing sources and their advisors. ARTICLE 17.SUBCONTRACTORS To the extent provided herein,the Parties shall be fully responsible for the acts or omissions of any subcontractors of any tier and of all persons employed by such subcontractors and shall maintain complete 154 control over all such subcontractors.It being understood and agreedthat not anything contained herein shall be deemed to create any contractual relation between the subcontractor of any tier and the Parties. ARTICLE 18.NONWAIVER The failureof a Party to insist upon or enforcestrict performanceof any ofthe terms of this Agreement or to exercise any rights herein shall not be construed as a waiver or relinquishmentto any extent of its right to enforce such terms or rights on any future occasion. ARTICLE 19.SEVERABILITY Any provision of this Agreement prohibited or rendered unenforceableby operation of law shall be ineflective only to the extent of such prohibition or unenforceabilitywithout invalidating the remaining provisionsof this Agreement. ARTICLE 20.ENTIREAGREEMENTIDOCUMENTSINCORPORATEDBY REFERENCE All understandings,representations,warranties,agreements and any referenced attachments,if any, existing between the Parties regardingthe subject matter hereof are merged into this Agreement,which fully and completeg express the agreementof the Parties with respect to the subject matter hereof. ARTICLE 21.OTHERAGREEMENTS This Agreement does not address or govern the Parties'relationship involving:(a)the tax allocation agreement nor (b)any other relationships not specifically identified herein.All such relationships not addressed or governed by this Agreementwill be governed and controlled by a separate agreementor tariff specifically addressingand governingthose relationshipsor by applicableLaws or orders. 155 This Agreement has been duly executed on behalfof the Parties as follows: MDAMERICANENERGY HOLDINGSCOMPANY NNGC ACQUI LLC Patrick J.Goodman Brian K.Hankel TiAS:Sr .Vice President &Re:Yice £raaident &Iraanuter Chief Financial Officer Brian K.Hankel Patrick J.Goodman TÍÊ9:Vice Presjdent &Treasurer Tille:Vice President &Treasurer CE ELECTRICUK FUNDING COMPANY CALENERGY INTERNATIONAL S,INC. By By: Patrick J.Goodman Brian K.Hankel TÌÜS:Director TÏ$6:Vice President &Treasurer HOME ŒS Œ A .COMPANY, Paul J.Ëig Brian K.Hankel Tile:-r Tide:Vice Eresident &Treasurer MDAM UNDIN LLC Thomas B.ecketer TIAB:Vice President &Contrqller 156 BERKSHIRE Navnaway 'ENERGY FIRSTAMENDED INTERCOMPANYMUTUAL ASSISTANCE AGREEMENT BY AND BETWEEN RATE-REGULATED SUBSIDIARIES OF BERKSHIRE HATHAWAY ENERGY COMPANY This First Amended Intercompany Mutual Assistance Agreement ("Agreement")is entered into by and between rate-regulated public utility subsidiaries of Berkshire Hathaway Energy Company ("Company") (each a "Party"and together the "Parties")effective March 15,2015. WHEREAS,the Parties,with the exception of Nevada Power Company DBA NV Energy and Sierra Pacific Power Company DBA NV Energy,are the signatories of the Intercompany Mutual Assistance Agreement by and between Rate-regulated Subsidiariesof MidAmerican Energy HoldingsCompany effective February 15,2011 and wish to amend and restate their agreement in the manner provided herein;and WHEREAS,each of the Parties is either an electric public utility providing services to captive customers within franchised service areas,a transmission company,a local distribution company or an interstate pipeline company and each of the Parties is subject to the oversight of regulatory authorities,such as a state public utility commission and/orthe Federal Energy Regulatory Commission ("FERC");and WHEREAS,a Party may from time to time require mutual aid or assistance from another Party,which may involve the provision of goods,services and/or specialized resources for temporary emergency purposes, or the emergencyinterchangeof equipmentor goods by one Party to the other,as long as provided without detrimentto the providing Party's public utility obligations ("mutual assistance");and WHEREAS,as rate-regulated entities,the Parties have obligations to provide reasonablyadequate service, and from time to time may be able to assist one another in providing mutual assistance;and WHEREAS,the Parties are some of the signatories of the Intercompany Administrative Services Agreement ("IASA")by and between the Company and its subsidiaries,which permits the sharing of professional,technical and other specialized resources,and wish to enter into an agreement that will allow mutual assistance on similar terms;and WHEREAS,in order to minimize any potential for cross-subsidization or affiliate abuse and ensure appropriate oversight,participation under this Agreement is limited to Rate-Regulated Subsidiaries of the Company;and WHEREAS,effective May 1,2014,the name of Company was changed from MidAmerican Energy Holdings Company to Berkshire Hathaway Energy Company;and WHEREAS,from time to time,additional Rate-Regulated Subsidiaries may wish to execute the Agreement in order to provide and take advantageof mutual assistance providedhereunder. NOW,THEREFORE,in consideration of the premises and mutual agreementsset forth herein,the Parties wish to amend the Agreement and agree as follows: 157 BERKSHIRE ÑATHAWAY ENERGY ARTICLE 1.PROVISION OF MUTUAL ASSISTANCE Upon and subject to the terms of this Agreement,one Party ("Providing Party")may provide mutual assistance to another Party ("RecipientParty"). Availability and provision of mutual assistance shall be governed by an applicable mutual aid agreement, which may be the Edison Electric Institute Mutual Aid Agreement,the Western Region Mutual Assistance Agreement,or such other agreement as may be customarily used in the region where the mutual assistance is to be provided ("applicable mutual aid agreement"),the provisions of which are incorporated in this Agreement by reference.To the extent not inconsistent with obligations underthe applicable mutual aid agreement,the provisionsof this Agreement shall govern the conduct and obligationsof the Parties. The Parties recognize that there may be several phases of mutual assistance activity,including pre-notification of a potential need for assistance,a request for information related to the costs and availability of mutual assistance,and actual mobilization.Only actual mobilization is considered the provisionof mutual assistance. ARTICLE 2.DEFINITIONS For purposes of this Agreement,these terms shall be defined as follows: (a)"Laws"shall mean any law,statute,rule,regulation or ordinance of any governmental authority, which may be without limitation a federal agency,a state or a governmentalsubdivision. (b)"Rate-Regulated Subsidiary"shall mean a subsidiary of the Company ("subsidiary")that is regulated by one or more State Commissions and/or FERC in the subsidiary'scapacity of providing regulated public utility services to captive customers within franchised public utility service areas, FERC jurisdictional transmission service or which is an interstate pipeline or local distribution company as definedby FERC. (c)"State Commissions"shall mean any state public utility commission or state public service commission with utility regulatoryjurisdiction over a Rate-RegulatedSubsidiary. ARTICLE 3.EFFECTIVE DATE This Agreement shall be effective as of the date of execution;provided,however,that in those jurisdictions in which regulatory approval is required before the Agreement becomes effective,the effective date shall be as of the date of such approval. ARTICLE 4.CHARGES AND PAYMENT The Parties recognize that charges for mutual assistance will begin when a request for mobilization of assistance is submitted to the ProvidingParty by the Recipient Party.Costs associated with pre-notification of a potential need or gathering of information associated with a request for mutual assistance will not be chargedto the Recipient Party. Providing Parties will bill Recipient Parties,as appropriate,for mutual assistance rendered under this Agreement in as specific a manner as practicable, 158 BERKSHERE HATNAWAY 'ENERGY Payments for mutual assistance shall be governed by an applicable mutual aid agreement,which may be the Edison Electric Institute Mutual Aid Agreement,the Western Region Mutual Assistance Agreement,or such other agreement as may be customarily used in the region where the mutual assistance is to be provided. In the event that the mutual assistance consists only of the interchange of a good in an emergency circumstance,the Recipient Party shall reimburse the Providing Party the replacement cost of the transferred good.Any associated services shall be reimbursed by the Recipient Party as a direct charge, service charge or allocation as applicable pursuantto the lASA. ARTICLE 5.STANDARD OF CARE The Parties will comply with all applicable Laws regarding affiliated interest transactions,including timely filing of regulatory filings and reports.The Parties agree not to cross-subsidize and shall comply with any applicable Laws and State Commission,FERC or other applicable orders.Subject to the terms of this Agreement,the Parties shall performtheir obligationshereunderin a commerciallyreasonablemanner. ARTICLE 6.TAXES Each Party shall bear all taxes,duties and other similar charges,except taxes based upon its gross income (and any related interest and penalties),imposed as a result of its receipt of mutual assistance under this Agreement,including without limitation sales,use and value-addedtaxes. ARTICLE 7.ACCOUNTING AND AUDITING Providing Parties shall maintain such books and records as are necessary to support the charges for mutual assistance,in sufficient detail as may be necessary to enable the Parties to satisfy applicable regulatory requirements ("Records").All Parties: (a)Shall provideaccess to the Records at all reasonable times; (b)Shall maintain the Records in accordance with good record management practices and with at least the same degree of completeness,accuracy and care as it maintains for its own records;and (c)Shall maintain its own accounting records,separate from the other Parties'accounting records. Subject to the provisions of this Agreement,Records supporting mutual assistance billings shall be available for inspection and copying by any qualified representative or agent of a Party,at the expense of the inquiring Party.In addition,FERC or State Commission staff or agents may audit the accounting records of Providing Parties that form the basis for charges to Rate-Regulated Subsidiaries.All Parties agreeto cooperate fully with such audits. ARTICLE 8.COOPERATION WITH OTHERS The Parties will use good faith efforts to cooperate with each other in all matters related to the provision and receiptof mutual assistance.Such goodfaith cooperation will include providingelectronic access in the same manner as provided other vendors and contractors to systems used in connection with mutual 159 BERKSHIRE ÑATHAWAY EMEROY assistance and using commercially reasonable efforts to obtain all consents,licenses,sublicenses or approvals necessary to permit each Party to perform its obligations. Each Party shall make available to another Party any information required or reasonably requestedby the Party related to the provision of mutual assistance and shall be responsible for timely provision of said information and for the accuracy and completenessof the information;provided,however,that a Party shall not be liable for not providing any information that is subject to a confidentiality obligation or a regulatory obligation not to disclose or be a conduit of information owned by it to a person or regulatory body other than the other Party. The Parties will cooperate with each other in making such informationavailable as needed in the event of any and all intemal or extemal audits,utility regulatory proceedings,legal actions,or dispute resolution. Each Party shall fully cooperate and coordinate with each other's employees and contractors in the performance or provision of mutual assistance.The Parties shall not commit or permit any act that will interfere with the performanceor receiptof mutual assistance by any Party's employeesor contractors. ARTICLE 9.COMPLIANCE WITH ALL LAWS Each Party shall be responsible for (a)its compliance with all Laws affecting its business,including,but not limited to,laws and govemmental regulations governing federal and state affiliate transactions,workers' compensation,health,safety and security;(b)pursuant to the provisions of the applicable mutual aid agreement,any use it may make of the mutual assistance to assist it in complying with such laws and governmental regulations;and (c)compliance with FERC's Standards of Conduct,Market-Based Rate Affiliate Restrictions,and any comparablerestrictions imposed by FERC or a State Commission. 160 ' 4 BERKSHERE ÑATHAWAY ENEROY ARTICLE 10.DISPUTE RESOLUTION The Parties shall promptly resolve any conflicts arising under this Agreement and such resolution shall be final.If applicable,adjustmentsto the charges will be made as required to reflect the discoveryof errors or omissions in the charges.If the Parties are unable to resolve any service,performanceor budget issues or if there is a material breach of this Agreement that has not been corrected within ninety (90)days, representativesof the affected Parties will meet promptly to reviewand resolve those issues in good faith. ARTICLE 11.TERMINATION FOR CONVENIENCE A Party may terminate its participation in this Agreement either with respect to all,or part,of the mutual assistance provided hereunder at any time and from time to time,for any reason or no reason,by giving notice of terminationto the other Party as soon as reasonablypossible. ARTICLE 12.CONFIDENTIALINFORMATIONINONDISCLOSURE To the fullest extent allowed by law,the provision of mutual assistance or reimbursement for mutual assistance provided pursuant to this Agreement shall not operate to impair or waive any privilegeavailable to any Party in connection with the mutual assistance,its provisionor reimbursementthereof. The Parties will handle all information exchanged in the course of performing mutual assistance in accordancewith requirementsfor documentingand handlingcritical infrastructureinformationas defined by the North American Electric Reliability Corporation Critical Infrastructure Protection Standards and will further comply with non-disclosurerequirementsof other applicable regulations. The Parties shall use good faith efforts at the termination or expiration of this Agreementto ensure that any user access and passwords related to this Agreementare terminated. ARTICLE 13.PERMITTEDDISCLOSURE Notwithstanding provisions of this Agreement to the contrary,each Party may disclose confidential information: (a)To the extent required by a State Commission,FERC,a court of competent jurisdiction or other governmental authority or otherwise as required by Laws,including without limitation disclosure obligations imposed under federal securities laws,provided that such Party has given the other Party prior notice of such requirement when legally permissible to permit the other Party to take such legal action to preventthe disclosureas it deems reasonable,appropriateor necessary;or (b)On a "need-to-know"basis under an obligation of confidentiality to its consultants,legal counsel, affiliates,accountants,banks and other financing sources and their advisors. ARTICLE 14.SUBCONTRACTORS To the extent provided herein,the Parties shall be fully responsible for the acts or omissions of any subcontractorsof any tier and of all persons employed by such subcontractorsand shall maintain complete control over all such subcontractors,it being understood and agreed that anything not contained herein 161 BERKSHIRE NATNAWAY ENERGY shall not be deemed to create any contractual relation between the subcontractor of any tier and the Parties. ARTICLE 15.NONWAIVER The failure of a Party to insist upon or enforce strict performanceof any of the terms of this Agreementor to exercise any rights herein shall not be construed as a waiver or relinquishment to any extent of its right to enforce such terms or rights on any future occasion. ARTICLE 16.SEVERABILITY Any provision of this Agreement prohibited or rendered unenforceable by operation of law shall be ineffective only to the extent of such prohibition or unenforceability without invalidating the remaining provisionsof this Agreement. ARTICLE 17.ENTIRE AGREEMENTIDOCUMENTSINCORPORATED BY REFERENCE All understandings,representations,warranties,agreements and referenced attachments,if any,existing between the Parties regarding the subject matter hereof are merged into this Agreement,which fully and completely express the agreement of the Parties with respect to the subject matter hereof. ARTICLE 18.ADDITION OF RATE-REGULATED SUBSIDIARIES Without further action by the Parties,effective on the date of its execution,a Rate-RegulatedSubsidiary may enter into the Agreement and be bound thereby. 162 BERK5mRE HarHAWAY ENERGY This Agreement has been duly executed on behalf of the Parties as follows KERN RIVER GAS TRANSMISSION COMPANY MIDAMERICAN ENERGY COMPANY By By Title:Title Name:Name: Date Date NORTHERN NATURAL GAS COMPANY C1F Name Name C Date Date: NEVADA POWER COMPANY SIERRA PACIFIC POWER COMPANY DBA NV ENERGY DBA NV ENERGY By By Title Title: Name Name Date Date: BERKSHIRE HATHAWAY ENERGY This Agreement has been duly executed on behalf of the Parties as follows: KERN RJVERGAS TRANSMISSION COMPANY MIDAMERICAN ENERGY COMPANY By By: Title:V/Title: Name L Name Date:1 Date: NORTHERN NATURAL GAS COMPANY PACIFICORP Sy:By: Title Title Name:Name Date:Date: NEVADA POWER COMPANY SIERRA PACIFIC POWER COMPANY DBANVENERGY DBANVENERGY By;_____By: Title:Title: Name:Name: Date Date: 163 Benusm-E ÑAMAWAYEmmov This Agreement has beenduly executed on behalf ofthe Parties as follows KERN RIVER GAS TRANSMISSION COMPANY MIDAME G NY Title:Title:/ Name Name Date Date:til-A i ,Ro/5 NORTHERN NATURAL GAS COMPANY PACIFICORP By ________By: Title:Tide: Name Name: Date:Date: NEVADA POWER COMPANY SJERRA PACIFIC POWER COMPANY DBANVENERGY DBANVENERGY By:By: Title Title: Name Name: Date Date: 78ERNSHRE ÑATHAWAY ENERGV This Agreement has been duly executed on behdf of the Parties as follows KERN RIVER GAS TRANSMISSION COMPANY MIDAMERICAN ENERGY COMPANY By By Tide Title Name Name Date:Date: NORTH L GAS COMPAN F¼CIFICORP Name:LL .Name: Date Dale: NEVADA POWER COMPANY SIERRA PACIFIC POWER COMPANY DBA NV ENERGY DBA NV ENERGY By:By: Title Title: Name Name Date:Date: 164 E HavuAway This Agreement has been duly executed on behalf of the Parties as follows: KERN RIVER GAS TRANSMISSION COMPANY MIDAMERICAN ENERGY COMPANY By:By: Title:Title: Name:Name Date Date: NORTHERN NATURAL GAS COMPANY PAC1F CORP By By: Title:Title: Name;Name Date:Date: NEVADA POWER COMPANY SIERRA PACIFIC POWER COMPANY DBA NV ENERG DBA NV ENERGY Title _SVP,Chief Financial Oficer Title:SVP,Chief Financial Offcer Name:E.Kevin Bethel Name:E.Kevin Bethel 165 AppendixA -Oregon Public Utility Commission orders approving transactions with affiliates All active affiliates with Affiliated Interest Agreements in Oregon have been included in this listing regardless of whether affiliate transactions occurred in the reporting year. (a)Affiliates with reporting year transactions subject to the Intercompany Administrative Services Agreement ("IASA"), Order 06-305,have been included in this listing.This is not intended to be an exhaustive listing of all companies subject to the IASA,rather a reflection of current year transactions. Affiliate Order No.Docket No.Date Approved Amarillo Gear Company,LLC (a Marmon Holdings,Inc.company)17-243 UI 384 July 11,2017 18-454 UI 408 December 4,2018 American Express Travel Related Services Company,Inc.14-144 UI 346 April 30,2014 Apple,Inc.19-121 UI 413 April l1,2019 Bank ofNew York Mellon Trust Company,N.A.20-167 UI 435 May 22,2020 Berkshire Hathaway Energy Company (a)06-305 UI 249 June 19,2006 BHE AltaLink Ltd.(a)06-305 UI 249 June 19,2006 BHE GT&S,LLC (a)06-305 UI 249 June 19,2006 BHE Renewables,LLC (a)06-305 UI 249 June 19,2006 BHE U.S.Transmission,LLC (a)06-305 UI 249 June 19,2006 BHE Wind,LLC 20-298 UI 442 September 10,2020 20-311 UI 444 September 25,2020 20-331 UI 445 October 7,2020 20-330 UI 446 October 7,2020 BNSF Railway Company 07-323 UI 269 July 27,2007 09-504 UI 288 December 28,2009 10-090 UI 292 March 11,20l0 10-089 UI 293 March l 1,2010 12-348 UI 325 September 13,2012 14-210 UI 347 June 10,2014 15-358 UI 359 November 3,2015 17-476 UI 387 November21,2017 18-121 UI 393 April 10,2018 18-158 UI 394 May 8.2018 20-313 Ul 447 September 25,2020 21-006 UI 449 January 13,2021 Bridger Coal Company 01-472 UI 189 June 12,2001 15-218 UI 357 July 21.2015 18-085 UI 392 March 13,2018 18-228 UI 397 June 19.2018 BYD America Corporation 20-316 UI 443 September 25,2020 CalEnergy Philippines (a)06-305 UI 249 June 19,2006 Coca-ColaNorth America 20-199 UI 437 June 18,2020 Cottonwood Creek Consolidated Irrigation Company 11-332 UI 312 August 26,2011 16-345 UI 373 September 13,2016 Electric Transmission Texas,LLC (a)06-305 UI 249 June 19,2006 Energy West Mining Company 91-513 UI 105 April 12,1991 Environment One Corporation 17-169 UI 381 May 16,2017 Ferron Canal &Reservoir Company 10-345 UI 301 September 2,2010 16-247 UI 301 (1)July 5,2016 18-192 UI 396 May 24,2018 FlightSafety International,Inc.15-357 UI 358 November 3,2015 18-135 UI 358 (1)April 27.2018 20-458 UI 448 December 3,2020 21-009 UI 450 January 13,2021 Fossil Rock Fuels,LLC 11-482 UI 317 December 6,2011 GBT US,LLC (dba American Express Global Business Travel)17-216 UI 383 June 14,2017 Graver Water System,Inc.(a Marmon Holdings,Inc.company)16-121 UI 367 March 23,2016 continued on next page 166 Affiliate Order No.Docket No.Date Approved HomeServices of America,Inc.(a)06-305 UI 249 June 19,2006 07-269 UI 264 June 11,2007 08-165 UI 277 March 12,2008 11-053 UI 304 February l 1,2011 16-163 UI 369 May 3,2016 20-238 UI 438 July 30,2020 Huntington Cleveland Irrigation Company 10-353 UI 300 September 10,2010 14-209 UI 345 June 10,2014 16-344 UI 374 September 13,2016 Interwest Mining Company 09-261 UI 286 July 7,2009 Kern River Gas Transmission Company (a)06-305 UI 249 June 19,2006 06-683 UI 255 December 26,2006 07-080 UI 258 March 5,2007 09-503 UI 255 (1)December 28,2009 11-400 UI 316 October 6,201l 15-134 UI 316 (1)April 28,20l5 16-099 UI 361 March 8,2016 19-443 UI 428 December 20,2019 19-445 UI 430 December 20.2019 Marmon Utility LLC (a Marmon Holdings,Inc.company)11-189 UI 308 June 16,2011 11-191 UI 309 June l6,20ll 11-200 UI 311 June 22,2011 16-164 UI 368 May 3,2016 20-293 UI 441 August 28.2020 Marmon/KeystoneCorporation 12-143 UI 319 April 24,2012 MATL LLP (a)06-305 UI 249 June 19,2006 Metalogic Inspection Services,LLC 15-018 UI 353 January 28,2015 MidAmerican Energy Company (a)06-305 UI 249 June 19,2006 11-190 UI 310 June 16,2011 l 1-400 UI 316 October 6,2011 15-134 UI 316 (1)April 28,2015 MidAmerican Energy Holdings CompanyInsurance Services Ltd.06-498 UI 253 August 24,2006 MidAmerican Energy Services,LLC (a)06-305 UI 249 June 19,2006 Midwest Capital Group,Inc.(a)06-305 UI 249 June 19,2006 MTL Canyon Holdings,LLC (a)06-305 UI 249 June 19,2006 National Indemnity Company 13-322 UI 339 September 3,2013 NetJets,Inc.08-166 UI 279 March 13,2008 Nevada Power Company (a)06-305 UI 249 June 19,2006 15-134 UI 316 (1)April 28,2015 Northern Natural Gas Company (a)06-305 UI 249 June 19.2006 11-400 UI 316 October 6,20l l 15-134 UI 316 (1)April 28,2015 Northern Powergrid Holdings Company (a)06-305 UI 249 June 19,2006 NV Energy,Inc.(a)06-305 UI 249 June 19,2006 15-134 UI 316 (1)April 28,2015 Pacific Minerals,Inc.(Umbrella Loan Agreement)06-353 UI 1 (11)July 7,2006 PacifiCorp Foundation 04-028 UI 223 January 15,2004 Parts &Service Solutions 20-257 UI 440 August l1,2020 Penn Machine CompanyLLC 19-444 UI 429 December 20,2019 PPW Holdings LLC (a)06-305 UI 249 June 19.2006 Racom Corporation 11-276 UI 313 July 29,2011 Sierra Pacific Power Company (a)06-305 UI 249 June 19,2006 15-134 UI 316 (1)April 28,2015 The Bank ofNew York Mellon Corporation 18-313 UI 406 August 28,2018 The Kerite Company (a Marmon Holdings,Inc.company)10-409 UI 303 October 18,2010 continued on next page 167 Affiliate Order No.Docket No.Date Approved Trapper Mining Inc.94-1550 UI 140 October 12,1994 U.S.Bancorp Investments,Inc.14-251 UI 349 July 8,2014 20-256 UI 439 August 11,2020 U.S.Bank National Association 16-184 UI 370 May 20,2016 16-366 UI 375 September 27,2016 16-463 UI 377 December 7,2016 17-369 UI 386 September 28,2017 Wells Fargo Bank,N.A.20-184 UI 436 June 3,2020 Wells Fargo Home Equity 08-165 UI 277 March 12,2008 Wells Fargo Securities,LLC 10-450 UI 302 November 15,2010 11-423 UI 315 October 26,2011 12-142 UI 318 April 24,2012 12-457 UI 328 November 26,2012 13-283 UI 336 August 6,2013 13-371 UI 340 October 16,2013 14-251 UI 349 July 8,2014 14-396 UI 35l November 12,2014 15-183 UI 356 June 9,2015 16-463 UI 377 December 7,2016 17-369 UI 386 September 28,2017 168